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You need to make a decision regarding the investment project. The investment yields zero payoff during the first 3 years (periods 1-3) and then it
- You need to make a decision regarding the investment project. The investment yields zero payoff during the first 3 years (periods 1-3) and then it starts to pay $200 every year forever. Assume that you can make alternative investments in the stock market obtaining 9% per year. What is the maximum amount of money you can invest in this project?
Please state how to answer using financial calculator.
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