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You have been offered an investment in too good to be true . The entry price is $5,000 today In four years time you will

"You have been offered an investment in too good to be true . The entry price is $5,000 today In four years time you will receive $3,000 and in eight years $9,000. What is the value of this investment today if your opportunity cost is 15%pa?"

"$12,000"

"$7,000"

"$4,657"

-342

zero

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