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How much would be willing to pay for the investment

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Question: At January 1 2016 you are considering acquiring an investment that will provide three equal payments of 10000 each to be received at the end of three consecutive years. However the first payment is not expected until December 31 2018. The time value of money is 10%. How much would you be willing to pay for this investment.

Reference no: EM131759476

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