Todd was asked what he would pay for an investment that offered $1,500 a year for the

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Todd was asked what he would pay for an investment that offered $1,500 a year for the next 40 years. He required an 11 percent return to make that investment. What should he bid?

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Personal Financial Planning

ISBN: 978-1259277184

2nd edition

Authors: Lewis J. Altfest

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Question Posted: May 05, 2017 10:14 AM

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Todd was asked what he would pay for an investment that offered $1,500 a year for the

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