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You have been offered a 5-year investment at a price of $90,124.45. It will pay $7,725 at the end of Year 1, $15,000 at the
You have been offered a 5-year investment at a price of $90,124.45. It will pay $7,725 at the end of Year 1, $15,000 at the end of Year 2, and a fixed but currently unspecified cash flow, X, at the en...
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th edition
133507696, 978-0133507690
