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Assume there is an annuity with four payments, with the first payment occurring one year from now. Each payment is $2,000. Currently the PV of

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Assume there is an annuity with four payments, with the first payment occurring one year from now. Each payment is $2,000. Currently the PV of this annuity is $6,780. All else equal, if the annuity payments are delayed for two years (the first payment is three years from now), what will happen to the PV of the annuity today? PV will decrease PV will increase PV will not change No answer text provided

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