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Dagwood Company needs to have $75,000 in four years. The present value of $1, and the present value of an annuity of $1 for four

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Dagwood Company needs to have $75,000 in four years. The present value of $1, and the present value of an annuity of $1 for four periods at 10 percent are 0.683 and 3.170, respectively. How much must Dagwood Company invest today in a fund that pays 10 percent, compounded annually? Select one: A. $68, 182 B. $51, 225 C. $23, 659 D. $56,000

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