Multiple Choice
You are considering an investment that will pay you $100 in Year 1, $500 in Year 2, $0 in Year 3 and $600 in Year 4. If you require a 12% return, what is the most you should pay for this investment today? (Round to nearest $)
A) $915
B) $869
C) $734
D) $698
Correct Answer:
Verified
Correct Answer:
Verified
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