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can you please show how I would solve this. 7. Imagine you are going to receive a series of 20 annual payments valued at $2,500
can you please show how I would solve this.
7. Imagine you are going to receive a series of 20 annual payments valued at $2,500 dollars each with the first being received 8 years from today (cash flow at t=8). If the discount rate is 9%, what is the current value of this stream of cash flows? a. $9,769.02 b. $11,453.27* c. $12,484.07 d. $19,465.38 Step by Step Solution
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