QUESTION 7 An investment will pay $800 at the end of each of the next 5 years, $900 at the end of Year 6, and $700 at the end of Year 7. What is its present value if other investments of equal risk earn

QUESTION 7 An investment will pay $800 at the end of each of the next 5 years, $900 at the end of Year 6, and $700 at the end of Year 7. What is its present value if other investments of equal risk earn 5 percent annually? a. $4,632.65 b. $5.333.33 c. $3.979.82 d. $1,705.64 e. $1,795.89

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