1. A financial asset can pay you $205, $225, and $250 at the end of each year over the next three years, respectively. I

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answerhappygod
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1. A financial asset can pay you $205, $225, and $250 at the end of each year over the next three years, respectively. I

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1. A financial asset can pay you $205, $225, and $250 at the end
of each year over the next three years, respectively. If your
desired rate of return is 6.5 percent per year, what is the maximum
you should pay today to purchase this asset?
a. 746
b. 598
c. 478
d. 625
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