How much would you pay for this investment today

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Question - An investment will give you R2,500,000 a year in real terms for the next 3 years. Each payment will be received at the end of the year with the first payment occurring one year from today. Assuming you require a 6.3% return on this investment and the inflation rate is 4.5%. How much would you pay for this investment today?

Reference no: EM132927054

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