An investment offers 6100 per year for 15 years with the, Financial Management

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An investment offers 6100 per year for 15 years with the

An investment offers $6,100 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment? What would the value be if the payments occurred for 40 years? For 75 years? Forever?

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Financial Management: An investment offers 6100 per year for 15 years with the

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