What is the value of this investment if the interest rate


An investment has forecasted cash flow of $5/shr. in Year 1, $10/shr. in Year 2, $15/shr. in Year 3 and $20/shr. in Year 4. What is the value of this investment if the interest rate is 6 1/4%?

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Financial Management: What is the value of this investment if the interest rate
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