You inherited an oil well that will pay you $25,000 per year for 25 years, with the payments being made at the beginning of each year. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sell it?
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Home » Business » You inherited an oil well that will pay you $25,000 per year for 25 years, with the payments being made at the beginning of each year. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sell it?