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$68,000 per year at the end of each of the next six years $308,000 (lump sum) now $510,000 (lump sum) six years from now The
$68,000 per year at the end of each of the next six years $308,000 (lump sum) now $510,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the third option. (Round to nearest whole dollar.) Present value of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 0.857 0.842 0.826 3 0.794 0.772 0.751 4 0.735 0.708 0.683 5 0.681 0.650 0.621 6 0.630 0.596 0.564 A. $104, 267 B. $240,000 C. $108, 075 D. $303, 960
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