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Question 5 0.1 pts Use the table below to answer the following questions: Present Value of 1 Factor Present Value of an Annuity of 1

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Question 5 0.1 pts Use the table below to answer the following questions: Present Value of 1 Factor Present Value of an Annuity of 1 Factor Period 1/2 Yr Full-Yr 1/2 Yr Full-Yr 1 0.9578 0.9174 0.9578 0.9174 2 0.9174 0.8417 1.8753 1.7591 3 0.8787 0.7722 2.7540 2.5313 4 0.8417 0.7084 3.5957 3.2397 un 5 0.8062 0.6499 4.4019 3.8897 ON 0.7722 0.5963 5.1740 4.4859 Assumption: Required annual effective rate (EPR) of return is 9%. If an investment pays you $54,000 every 6 months for 3 years, starting at the beginning of each 6 month period, what is its present value? $250,193 O$279,396 $291.703 $273,380

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