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Ransport Company has made an investment in another company that will guarantee it a cash flow of $37,800 each year for the next seven years.
Ransport Company has made an investment in another company that will guarantee it a cash flow of $37,800 each year for the next seven years. If the company uses a discount rate of 11 percent on its investments, what is the present value of this investment? (Round to the nearest dollar.) O $186.250 O $251,154 O $101.766 O $178,121
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