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Assuming that the interest rate is 5%, compounded semiannually, which of the following is more valuable? (Show computations A-D in excel) a. $5,000 today. b.

Assuming that the interest rate is 5%, compounded semiannually, which of the following

is more valuable? (Show computations A-D in excel)

a. $5,000 today.

b. $10,000 at the end of 5 years.

c. $9,000 at the end of 4 years.

d. $450 at the end of each year (in perpetuity) commencing in 1 year.

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