An investment promises to pay you 500 one year from now


An investment promises to pay you $500 one year from now, $1,000 two years from now, and 5,000 three years from now.

If you require a 10% rate of return on this investment, how much would you pay for it today?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: An investment promises to pay you 500 one year from now
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