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Sally owns an annuity which pays her $100 per year in 2024,2025,2026. with a positive required return, what do you know about the Pv of
Sally owns an annuity which pays her $100 per year in 2024,2025,2026. with a positive required return, what do you know about the Pv of the annuity today compares to the FV in 2026?
which answer is correct:
1. PV=FV
2.PV
3. PV>FV
4.not enough info to determine
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