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At what interest rate (as an EAR) would you be indifferent between the following two choices: 1) receiving $10,000 per year, starting 1 year from
At what interest rate (as an EAR) would you be indifferent between the following two choices: 1) receiving $10,000 per year, starting 1 year from today, for a total of 2 payments (the last payment occurs 2 years from today in that case)... OR, 2) receiving $22345 exactly 3 years from today?
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