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Assume you have just found out you are entitled to receive $105,000 in 30 years. If the interest rate is 11 percent, what should you

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Assume you have just found out you are entitled to receive $105,000 in 30 years. If the interest rate is 11 percent, what should you be willing to take today in exchange for the future payment? (Enter your answer as a positive number rounded to 2 decimal places.)

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