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3. The right to receive $12,000 at the end of each of the next six years. $ 4. The obligation to pay $11,000 at the

image text in transcribed 3. The right to receive $12,000 at the end of each of the next six years. $ 4. The obligation to pay $11,000 at the end of each of the next 10 years. $ 5. The right to receive $20,000 at the end of the 7th, 8th, 9th, and 10th years from today. $

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