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Question 3 Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of

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Question 3 Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of interest over this period is i = 0.06. Calculate the present value of this payment stream. (a) 333.75 (b) 433.75 (c) 533.75 (d) 633.75 (e) 733.75

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