What is the maximum amount you should be willing to pay for, Financial Management

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What is the maximum amount you should be willing to pay for

You are considering the purchase of an investment that would pay you $8,000 per year for Years 1-5, $4,000 per year for Years 6-8, and $3,000 per year for Years 9 and 10. If you require a 15 percent rate of return, and the cash flows occur at the end of each year, then what is the maximum amount you should be willing to pay for this investment?

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Financial Management: What is the maximum amount you should be willing to pay for

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Financial Management: What is the maximum amount you should be willing to pay for

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