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Calculating the Present Value of Future Cash Flows. A financial company advertises on television that they will pay you $60,000 now in exchange for annual

Calculating the Present Value of Future Cash Flows. A financial company advertises on television that they will pay you $60,000 now in exchange for annual payments of $10,000 that you are expected to recieve for a legal settlement over the next 10 years. If you estimate the time value of money at 10 percent, would you accept this offer?

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