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Emma and her husband decide they will buy $1,000 worth of utility stocks beginning one year from now. Since they expect per year for the

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Emma and her husband decide they will buy $1,000 worth of utility stocks beginning one year from now. Since they expect per year for the next nine years. What would the present worth of all the stocks be if they yield a uniformdividend rate of 10% throughout the investment period and the price/share remains constant? their salaries to increase, they will increase their purchases by $200

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