How much should you be willing to pay for this investment

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You are considering the purchase of an investment that would pay you $5,000 per year for Years 1-5, $3,000 per year for Years 6-8, and $2,000 per years for Years 9-10. If you require a 10 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: EM131126453

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