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1. A court settlement awarded an accident victim four payments of $50,000 to be paid at the end of each of the next four years.
1. A court settlement awarded an accident victim four payments of $50,000 to be paid at the end of each of the next four years. Using a discount rate of 4%, calculate the present value of the annuity.
2.
Which form of business structure faces the greatest agency problems?
sole proprietorship | |||
limited partnership | |||
general partnership | |||
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