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You need to decide whether or not to undertake an investment that will yield you the following end-of-year cash inflows: Year Cash Inflow 1 $2,200
You need to decide whether or not to undertake an investment that will yield you the following end-of-year cash inflows: Year Cash Inflow 1 $2,200 2 $2,420 3 $2,662 Assuming that you require a 10% rate of return before you will undertake this investment, what is the maximum amount that you will invest in order to realize these cash flows?
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