What is the most that you should be willing to pay for it

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Reference no: EM131831414

Investment X has the following projected cash flows over the next four years:

Year Amount

1 $7300

2 $8700

3 $3000

4 $1800

If the opportunity cost for an investment of this level of risk is 14%, what is the most that you should be willing to pay for it?

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Reference no: EM131831414

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