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QUESTION 15 What is the present value of an annuity of $5,000 per year, with the first cash flow received three years from today and

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QUESTION 15 What is the present value of an annuity of $5,000 per year, with the first cash flow received three years from today and the last one received 25 years from today? Use a discount rate of 6 percent. A. 52,893 B. 53,307 C. 54,750 D. 55,628 E. 56,793 Oo

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