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Robert must receive $20,000 from Lucia at the end of each quarter for 5 years, if the market inters rate is 6% quarterly convertible. Lucia

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Robert must receive $20,000 from Lucia at the end of each quarter for 5 years, if the market inters rate is 6% quarterly convertible. Lucia offers to give a one-time payment at the end of the period that replaces the original payments. How much should Robert accept

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