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Investment X has the following projected cash flows over the next four years: Year Amount

Investment X has the following projected cash flows over the next four years:

Year Amount

1 $7300

2 $8700

3 $3000 4

$1800

If the opportunity cost for an investment of this level of risk is 14%, what is the most that you should be willing to pay for it?

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Dec 04 2019 View more View Less

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