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You are presented with a proposal to invest $ 1 0 , 0 0 0 in a 4 - year investment. In return, you will

You are presented with a proposal to invest $10,000 in a 4-year investment. In return, you will receive $3,100 each year. Suppose you require a 4.5% return on your investment. Is the PV of your expected CFs greater than your investment?

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