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Posted on Sep 04, 2024

If someone offers to pay you $ 5 0 0 in year one, $ 1 , 0 0 0 in year two, $ 1 ,

If someone offers to pay you $

500

in year one, $

1, 000

in year two, $

1, 500

in year three, and $

2, 000

in year four, what is the present value of this income stream if the going interest rate is

6 % ?

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