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You have the opportunity to make an investment that will pay $88,000 annually. Your required rate of return on this investment is 5.5 percent.

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You have the opportunity to make an investment that will pay $88,000 annually. Your required rate of return on this investment is 5.5 percent. You should be essentially indifferent to buying or not buying the investment if it were offered at a price of Select one: O a. $3,200.000 O b. $160,000 Oc. $16.000 Od. $1,600,000

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