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Sonata Corporation will receive $10,000 today (January 1, 2020), and $30,000 on each January 1st for the next five years (2021 - 2025). What is

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Sonata Corporation will receive $10,000 today (January 1, 2020), and $30,000 on each January 1st for the next five years (2021 - 2025). What is the present value of the six payments, assuming a 12% interest rate? $252,670. a. O b. $103,342. Oc. $223,456. d. $118,143

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