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Your investment manager told you an investment opportunity: it pays you $1000 one year later, $1500 two years later and $500 three years later. Your
Your investment manager told you an investment opportunity: it pays you $1000 one year later, $1500 two years later and $500 three years later. Your required rate of return for this type of investment is 5%. How much are you willing to pay for this investment? $3000 $2745 $2358 $2500
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