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Offered 20 annual payments of $200,000 each beginning today (annuity due) or a single payment of $2,267,000 what is the annual discount rate used to
Offered 20 annual payments of $200,000 each beginning today (annuity due) or a single payment of $2,267,000 what is the annual discount rate used to calculate the single-payment amount? PLEASE SHOW SOLUTION IN EXCEL
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