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please show the work and how to do it on the financial calculator. thank you! 7. You buy today an annuity with semi-annual payments of

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please show the work and how to do it on the financial calculator. thank you!
7. You buy today an annuity with semi-annual payments of $100 starting next period for 3 years. Assume that the APR is equal to 5% and interest rates will remain the same forever a) What is the present value of the annuity today? What is the value of the annuity in year one? (be careful) b) What is the rate of return that you would earn from year zero to year one? c) How does this rate compare to the EAR? 7. You buy today an annuity with semi-annual payments of $100 starting next period for 3 years. Assume that the APR is equal to 5% and interest rates will remain the same forever a) What is the present value of the annuity today? What is the value of the annuity in year one? (be careful) b) What is the rate of return that you would earn from year zero to year one? c) How does this rate compare to the EAR

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