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Q1. Consider an investment that will pay $680 per month for the next 15 years and will be worth $28,000 at the end of that time. How much is this investment worth to you today at 5.25 percent discount rate?

Q2. "No firm is completely sheltered from rivals; all firms compete for consumer dollars. If that is so, then pure monopoly does not exist. Do you agree?" Fully explain your answer in a way that shows your understanding of "monopolies." Your paper should be two to three double-spaced pages and formatted according to APA style as outlined in the Ashford Writing Center.

Reference no: EM136517

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