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Question - An investment offers $7,500 per year for 17 years, with the first payment occurring one year from now. Assume the required return is 8 percent.

What is the value of the investment today?

What would the value be if the payments occurred for 42 years?

What would the value be if the payments occurred for 77 years?

What would the value be if the payments occurred forever?

Accounting Basics, Accounting

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