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For problems 6-8, assume you purchased some corperate stock 4 years ago for $7,500. You received dividends of $75 each quarter ; your dividends total

For problems 6-8, assume you purchased some corperate stock 4 years ago for $7,500. You received dividends of $75 each quarter ; your dividends total $1,200 (16 dividend checks x $75=$1,200). You sold the stock today for $8,050. - The PV is $8,050 because that is the amount you received today (in the present). (T or F) - 1,200 represents which variable (PV, PMT, or FV)? - What is the FV amount?

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