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m amount you would pay for an asset that generates an income of $150,000 at the end of five years if the opportunity cost of using funds is 9 percent?...

What is the maximum amount you would pay for an asset that generates an income of $150,000 at the end of five years if the opportunity cost of using funds is 9 percent?

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Maximum amount = 150,000/(1.09^5) = $97,490 I have... View the full answer

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