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An investor likes the potential of a start-up company. He is considering buying part of the...

An investor likes the potential of a start-up company. He is considering buying part of the firm. For his investment, he won’t receive any payments for the first 5.00 years as the company launches. Beginning with the end of year 6.00, he expects to receive $500,000.00 per year for 10.00 years. If he wants a 20.00% return on this investment, what is he willing to pay today for the opportunity?

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jeff jeffy answered 2 years ago
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