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are expected to 000 of bonds that acion 8. Because your mother is about to retire, she wants to buy an annuity that will provide

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are expected to 000 of bonds that acion 8. Because your mother is about to retire, she wants to buy an annuity that will provide her with $75,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 5.25%. How much would it cost her to buy the annuity today? (C-4) a. $825,835 b. $869,300 C. $915,052 d. $963,213 e. $1,011,374 security analyst obtained the following information from Prestopino Products' financials

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