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5. You are offered a fixed annual payment of $275 starting one year from today and continuing yearly until forever. If the discount rate is

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5. You are offered a fixed annual payment of $275 starting one year from today and continuing yearly until forever. If the discount rate is 7% p.a., then the value today of these cash flows is a. 3,671.43 b. 3,756.43 c. 3,885.71 d. 3,928.57 e . 4,071.43

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