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These televisions sell for $2,500 each. An offer has arrived on your desk from a major retailer to buy 100,000 televisions with 10 equal annual

These televisions sell for $2,500 each. An offer has arrived on your desk from a major retailer to buy 100,000 televisions with 10 equal annual payments of $20 million starting immediately. The current interest rate is 6%,What is the present value of the order?

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