Pablo has an investment worth 187377 dollars the investment, Ask an Expert

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Pablo has an investment worth 187,377 dollars. The investment will make a special payment of X to Pablo in 2 quarters in addition to making regular quarterly payments to Pablo forever. The first regular quarterly payment to Pablo is expected to be 4,250 dollars and will be made in 3 months. All subsequent regular quarterly payments are expected to increase by 0.78 percent per quarter forever. The expected return for the investment is 3.23 percent per quarter. What is X, the amount of the special payment that will be made to Pablo in 2 quarters?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92800926

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