Business, 16.12.2019 22:31 Ezekielcassese

You are considering an investment that will pay you and your heirs $5,000 at the end of each year forever. the price of the investment is $72,000. given your expertise with time value from finance 3403, you are concerned that this price may not be fair. if you can earn 8% annually on your money, what would you consider to be a fair price for the investment?

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