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Suppose you have three options for settling a loan from the JP Morgan. Option A will provide $ 1 , 5 0 0 a month

Suppose you have three options for settling a loan from the JP Morgan. Option A will provide $1,500 a month for 6 years. Option B will pay $1,025 a month for 10 years. Option C offers $85,000 as a lump sum payment today. The applicable discount rate is 6.8 percent, compounded monthly. Which option should you select, and why?

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