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14) Mitchell Investments has offered you an investment opportunity
14) Mitchell Investments has offered you an investment opportunity that throws out the following revenue stream:
. $6000 at the end of each year for the first 5 years, plus
.$3000 at the end of each year from years 6 through 10, plus
. $2000 at the end of each year from years 11 through 20. ed a 12% return?
b) If the investment costs $30,000 today, what rate of return will you earn?
This homework includes problems from Time Value of Money. Please draw a timeline for each problem, clearly mark all the inputs, and indicate the unknown component on the timeline
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14) Mitchell Investments has offered you an investment opportunity
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