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What would pay for an investment

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Reference no: EM132743457

Problem 1: What would you pay for an investment that pays you $34000 at the beginning of each year for the next ten years? Assume that the relevant interest rate for this type of investment is 11%.

Option 1: $211024.
Option 2: $222260.
Option 3: $200231.
Option 4: $234235.

Reference no: EM132743457

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