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Homework answers / question archive / Wildhorse Company is considering an investment that will return a lump sum of $800,000 3 years from now

Wildhorse Company is considering an investment that will return a lump sum of $800,000 3 years from now

Business

Wildhorse Company is considering an investment that will return a lump sum of $800,000 3 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided) What amount should Wildhorse Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places es 2525) Wildhorse Company should pay $

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