How much should one be willing to pay for the investment

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You are considering the purchase of an investment that would pay you $34 per year for Years 1-5, $55 per year for Years 6-8, and $83 per year for Years 9 and 10. If you require a 14 percent rate of return, and the cash flows occur at the end of each year, then how much should you be willing to pay for this investment?

Reference no: EM13334961

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