What is the value of the investment

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Question - An investment offers $9,100 per year for 16 years, with the first payment occurring 1 year from now. Assume the required return is 11 percent.

(a) What is the value of the investment?

(b) What would the value be if the payments occurred for 41 years?

(c) What would the value be if the payments occurred for 76 years?

(d) What would the value be if the payments occurred forever?

Reference no: EM132823067

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