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A salt mine you inherited will pay you $ 4 7 , 0 0 0 per year for 2 5 years, with the first payment

A salt mine you inherited will pay you $47,000 per year for 25 years, with the first payment being made today. If you think a fair return on the mine is 7.7%, how much should you ask for it if you decide to sell it?
a. $610,390
b. $514,843
c. $554,486
d. $521,674
e. $561,843
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