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1. You are to receive $75 per year indefinitely. The market rate of interest for these types of payments is 8%. The price you would

1. You are to receive $75 per year indefinitely. The market rate of interest for these types of payments is 8%. The price you would pay for this stream is: Answer a. $9.375. b. $81.00. c. $93.75. d. $937.50. e. None of these

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