Answer to Question #18941 in Math for john steward

Question #18941
What should you pay for an investment that will give you the following end-of-year cash flows? Your required rate of return is 18%.

Year 1: $285,000
Year 2: $831,000
Year 3: $716,000
Year 4: $498,000
1
Expert's answer
2012-11-20T08:04:15-0500
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