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What is the most investment is worth today

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Reference no: EM132910983

You are offered an investment that will return you three $7,000 payments. The first payment will occur three years from today. The second will occur in six years from today, the third will follow in the following year i.e. seven years from today.

If you can earn 9 percent:

Problem a. What is the most this investment is worth today?

Problem b. What is the future value of the cash flows?

Reference no: EM132910983

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