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Your client has provided an investment which pays $25,000 in 2 years, $40,000 in 5 years and a further $80,000 in 8 years. The interest

Your client has provided an investment which pays $25,000 in 2 years, $40,000 in 5 years and a further $80,000 in 8 years. The interest rate over the period of the investment is a nominal rate of

15% p.a., compounded monthly. If your client can buy the investment today for $60,000, would you recommend that this is a good investment? Why or why not?

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