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You have an opportunity to make an investment you estimate will generate the following cash flows: Year 1 = $6,000 Year 2 = $9,500 Year

You have an opportunity to make an investment you estimate will generate the following cash flows:

Year 1 = $6,000

Year 2 = $9,500

Year 3 = $8,800

Year 4 = $10,200

With a required rate of return of 18%, what is the maximum investment you would be willing to make in this project

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