Question: What is the maximum amount you would pay for an asset that generates an income of $ 3 5 0 , 0 0 0 at

What is the maximum amount you would pay for an asset that generates an income of $350,000 at the end of each of five years, if the opportunity cost of using funds is 10 percent?
Instructions: Do not round intermediate calculations. Round only your final calculation to the nearest penny (two decimal places).
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What is the maximum amount you would pay for an asset

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