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Please show your steps clearly: A company of $20,000 is to be received 10 years hence, followed by a $40,000 payment 17 years from the

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A company of $20,000 is to be received 10 years hence, followed by a $40,000 payment 17 years from the present. If over this time span the annual inflation rate is 5% while the expected annual market rate is 9%, calculate the present equivalent these two payment using Actual - dollar analysis Constant - dollar analysis

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