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

Red Sun Rising Corporation has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,700,000 for 30 years with the first payment due today. If the interest rate is 3.49 percent, what is the value of this liability today?
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$34,018,168.84
$31,305,687.55
$29,740,403.17
$32,398,256.04
$33,208,212.44
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