What is the present value of this investment

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Question - A 10 year investment will pay $2500 at the end of this year, and the payments will grow at a rate of 5% per year. The required return is 12%. What is the present value of this investment?

a. $10170.40

b. $12228.16

c. $16983.55

d. $2500.00

e. $25714.29

Reference no: EM132926616

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