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4-17 Compute the present value (PV) of an annuity that pays $320 forever if the opportunity cost rate is (a) 4 percent, (b) 8 percent,

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4-17 Compute the present value (PV) of an annuity that pays $320 forever if the opportunity cost rate is (a) 4 percent, (b) 8 percent, and (c) 10 percent. Why does the PV decrease as the opportunity cost increases

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