An investor is considering an investment that will pay $2,150 at the end of each year for
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An investor is considering an investment that will pay $2,150 at the end of each year for the next 10 years. He expects to earn an annual return of 18 percent on his investment. How much should he pay today for the investment? How much should he pay if the investment returns are paid ai the beginning of each year?
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Related Book For 
Real Estate Finance And Investments
ISBN: 9780073524719
13th Edition
Authors: William Brueggeman, Jeffrey Fisher
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