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Find what is the investment present value

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Problem 1: A real estate investment will pay $15,000 at end of year 1 ; $ 25,000 end of year 2 and $50,000 end of year 3. Note that the discount rate is 5 percent. What is the investment's present value?

a) $55,400.55
b) $61,250.36
c) $90,000.50
d) $80,153.33
e) None of the above

Reference no: EM132794390

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