Question: You are considering buy an asset that generates an initial cash flow of $ 1 0 0 0 in 5 year's time. The cash flow

You are considering buy an asset that generates an initial cash flow of $1000 in 5 year's time. The cash flow then grows at a rate of 5% p.a. compounded annually for 10 years. If similar investments are offering a return of 10% p.a. compounded quarterly, how much should this asset cost today?
Group of answer choices
$5,471.44
$4,436.21
$5,294.14
$8,010.73
$4,299.48
$7,859.18

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