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You are presented with an investment opportunity to receive $2,000 at the end of year 1; $4,000 at the end of year 2; $3,500 at the end of year 3; and $4,000 at the end of year 4. SHOW all work using the TVM buttons on the TI BAII Plus Calculator. If you can earn 5% on a similar risk investment, what is the most you should be willing to pay today for this investment?

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Financial Management, Finance

Category:- Financial Management
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