What is its present value

Reference no: EM133273730

Question - An investment will pay $150 at the end of each of the next 3 years, $250 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6. If other investments of equal risk earn 9% annually, what is its present value?

Reference no: EM133273730

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