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A company has a pension liability of $370,000,000 that it must pay in 22 in years. If it can earn an annual interest rate of

A company has a pension liability of $370,000,000 that it must pay in 22 in years. If it can earn an annual interest rate of 3.3 percent, how much must it deposit today to fund this liability? Multiple Choice $175,345,380.62 $181,131,778.18 $152,857,120.74 $91,598,402.33 $162,877,069.48

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