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Deferred Annuity Questions 2. What is the present value of the following cash flow stream? r-8% first fow in the strea PV-? 700 700 700

Deferred Annuity Questions 2. What is the present value of the following cash flow stream? r-8% first fow in the strea PV-? 700 700 700 700 700 ..13 4 15 16 17 A. $994 B. $1,028 C. $1,044 D. $1,110

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