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An investor is to receive a 10 -year, $7,500 annuity, with the first payment to be received in two years. At an 15% discount rate,

An investor is to receive a 10 -year, $7,500 annuity, with the first payment to be received in two years. At an 15% discount rate, this annuity's worth today is closest to: $32,731$37,641$28,462

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