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A salt mine you inherited will pay you $ 5 9 , 0 0 0 per year for 2 5 years, with the first payment

A salt mine you inherited will pay you $59,000 per year for 25 years, with the first payment being made today. If you think a fair return on the mine is 7.4%, how much should you ask for it if you decide to sell it?
a. $672,700
b. $663,480
c. $797,297
d. $722,480
e. $712,577

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