Question: Section BKN2: 5 marks] Question Two: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (KN2:2.5

 Section BKN2: 5 marks] Question Two: You are offered an investment

Section BKN2: 5 marks] Question Two: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (KN2:2.5 marks) Year Cash Flows 18,000 30,000 15,000 24,000 27,000 5 Required: If you require a return of 9% for investments of this type of risk, how much should you pay for the investment today

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