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09-05-2024
Business

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Suppose you are considering an investment that will pay $3.1 million dollars at the beginning of each year for the next 4 years, starting today. What is the present value of that investment worth to you, if your required rate of return is 4.5%?
A. 11.62
B. 14.22
C. 8.52
D. 11.12

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