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An investment made today is expected to pay 1,500$ in two years, 2,000$ in four...

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Finance

An investment made today is expected to pay 1,500$ in two years, 2,000$ in four years and 5,000 in five years. If the expected return is 10%, what is the value of this investment?

Select one:

a.8,500

b.5,710

c.6,250

d.4,100

Answer & Explanation Solved by verified expert
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