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Time Value of Money What return do you earn if you pay $22,470 for a stream of $5,000 payments lasting ten years? What does it

Time Value of Money

What return do you earn if you pay $22,470 for a stream of $5,000 payments lasting ten years? What does it mean if you pay less than $22,470 for the stream? More than $22,470? What does it mean if you pay less than $22470?

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