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A company has a pension liability of $ 3 9 0 , 0 0 0 , 0 0 0 that it must pay in 2

A company has a pension liability of $

390, 000, 000

that it must pay in

24

in years. If it can earn an annual interest rate of

3.5

percent, how much must it

deposit today to fund this liability?

Multiple Choice

170, 803, 282.22

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