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5 60 Present value of a complex stream Don Draper has signed a contract that will pay at the end of year 6 If 8

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5 60 Present value of a complex stream Don Draper has signed a contract that will pay at the end of year 6 If 8 percent is the appropriate discount rate what is the present him 80 000 at the end of each year for the next 6 years plus an additional 100 000 value of this contract 5 61 Present value of a complex stream Don Dias his retirement

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