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At the end of each year for the next 10 years you will receive cash flows of $50. If the appropriate discount rate is 5.5%,
At the end of each year for the next 10 years you will receive cash flows of $50. If the appropriate discount rate is 5.5%, how much would you pay for the annuity?
A) $259.82
B) $299.02
C) $338.99
D) $376.88
E) $379.16
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
