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18 The present value of the contract is Round to the nearest cent Present value of a complex stream Don Draper has signed a contract

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18 The present value of the contract is Round to the nearest cent Present value of a complex stream Don Draper has signed a contract that will pay him 50 000 at the end of each year for the next 10 years plus an additional 100 000 at the end of year 10 If 8 percent is the appropriate discount rate what is the p this contract Points 0 of 1 ETTE

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