An investment offers 4000 per year for 10 years with the


An investment offers $4,000 per year for 10 years, with the first payment occurring a year from now. If the required return is 8% a year, what is the value of the investment today? What would the value be if the payments occurred for 40 years? What if the payments occurred forever (in perpetuity)?

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Financial Management: An investment offers 4000 per year for 10 years with the
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