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Red Sun Rising Corp has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,450,000 for 30

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Red Sun Rising Corp has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,450,000 for 30 years with the first payment due today if the interest rate is 3,39 percent, what is the value of this liability today? Multiple Choice $29,354,310 70 O $27956,486.38

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