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10. What is the value of a building that is expected to generate xed annual cash ows of $13,800 every year for a certain amount
10. What is the value of a building that is expected to generate xed annual cash ows of $13,800 every year for a certain amount of time if the rst annual cash ow is expected in 4 years from today and the last annual cash ow is expected in 8 years from today and the appropriate discount rate is 6.8 percent? A. $46,698 (plus or minus $20) B. $43,725 (plus or minus $20) C. $38,545 (plus or minus $20) D. $36,091 (plus or minus $20) E. None of the above is within $20 of the correct
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