What would the value be if the payments occurred

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Question - An investment offers $7,800 per year for 13 years, with the first payment occurring one year from now. Assume the required return is 8 percent.

a. What is the value of the investment today?

b. What would the value be if the payments occurred for 38 years?

c. What would the value be if the payments occurred for 73 years?

d. What would the value be if the payments occurred forever?

Reference no: EM132637304

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