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The present value of an ordinary annuity of BD 2,350 each year for eight years, assuming an opportunity cost of 11 percent, is? a. BD27,869.

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The present value of an ordinary annuity of BD 2,350 each year for eight years, assuming an opportunity cost of 11 percent, is? a. BD27,869. b. BD1,020. c. BD18,800. d. BD12,093

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