An investment pays 2050 per year for the first 4 years 4100, Financial Management

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An investment pays 2050 per year for the first 4 years 4100

An investment pays $2,050 per year for the first 4 years, $4,100 per year for the next 5 years, and $6,150 per year the following 9 years (all payments are at the end of each year). If the discount rate is 8.05% compounding quarterly, what is the fair price of this investment?

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Financial Management: An investment pays 2050 per year for the first 4 years 4100

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Financial Management: An investment pays 2050 per year for the first 4 years 4100

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