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Suppose you are given a choice of the following two securities: (a) an annuity that pays $10,000 at the end of each of the next

Suppose you are given a choice of the following two securities: (a) an annuity that pays $10,000 at the end of each of the next 6 years; or (b) a perpetuity that pays $10,000 forever, but the first ca...

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