An investment offers $10,000 per year for 20 years. If an investor can earn 8 percent annually

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An investment offers $10,000 per year for 20 years. If an investor can earn 8 percent annually on other investments, what is the current value of this investment? If its current price is $120,000, should the investor buy it?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 05:23 AM

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An investment offers $10,000 per year for 20 years. If an investor can earn 8 percent annually

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Investments An Introduction

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