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Your answers are saved automatically. Remaining Time: 45 minutes, 49 seconds. Question Completion Status: Moving to another question will save this response. Question 1 of 5 Question 1 S points Save Answer An investment, which has an expected return of 5.9%, is expected to make annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual value (as of today) of the cash flow that is expected to be made in 3 years from today? cash flows are expected to grow at a constant rate of 2.5% per year. We know that the cash flow expected in 1 year from today is expected to be $5,400. What is the present a. $4,776.98 (plus or minus $10.00) b. $5,058.82 (plus or minus $10.00) c. $5,268.29 (plus or minus $10.00) d. 54,896.41 (plus or minus $10.00) e. None of the above is within $10.00 of the correct answer 4 Moving to another question will save this response. Question 1 of 5 MacBook Air DOO

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