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Present Value of an Annuity Due: Using PVIFA Tables . . Q5: In the earlier example, we found that the value of Braden Company's $700,

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Present Value of an Annuity Due: Using PVIFA Tables . . Q5: In the earlier example, we found that the value of Braden Company's $700, 5 year ordinary annuity discounted at 8% to be about $2,795. If we now assume that the cash flows occur at the beginning of the year, we can find the PV of the annuity due

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