A financial security pays 2 next year 4 the year after that
A financial security pays $2 next year, $4 the year after that, then $2, then $4, then $2, and so on forever. If the annual, annual interest rate is 5%, what is the present value of this investment?
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a financial security pays 2 next year 4 the year after that then 2 then 4 then 2 and so on forever if the annual annual
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