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Problem 4: You will be receiving quarterly payments of $100K, starting from the next quarter, for the next 5 years. What is the present value
Problem 4: You will be receiving quarterly payments of $100K, starting from the next quarter, for the next 5 years. What is the present value of this annuity if: a. The APR is 4% compounded quarterly?
b. The EAR is 4% with quarterly compounding?
c. The APR 4% compounded monthly?
d. The APR is 4% compounded annually?
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