Question: will upvote if correct use the equation below to solve (2) In 2015 you were given an asset that came with an immediate payout of
will upvote if correct
use the equation below to solve

(2) In 2015 you were given an asset that came with an immediate payout of $2,500. Further, this asset generates 4 additional cash flows of $725 each year from 2025 to 2028 . Assuming a discount rate of 5% what is this asset worth today (i.e., NPV as of 2023)? Please round to two decimal places MP=DH1+ii %P=(Pt+1Pt)/Pt= percentage change in the price of the security from t to t+1 = rate of capital gain DURi=duration=interestrate
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