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les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for the next 10
les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for the next 10 years. a) if mr. moore's opportunity cost (potential return) is 10% what is the present value of his consulting contract? b) assuming mr moore will not retire for 2 more years and will not start to receive his 10 payments until the end of the third year. what would be the value of his deferred annuity?
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