Question: Question 5 1 5 p t s You are considering an investment that promises to pay the following: $ 1 , 0 0 0 in
Question
You are considering an investment that promises to pay the following:
$ in year
$ in year
$ year
The interest rate associated with investments having similar risk is
How much would you be willing to pay for this investment?
Hint: use a timeline and show work. Do NOT merely type a numerical response without showing the calculation. points
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