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9.XYZ Corporation will receive 7,500 today (January 1, 2016), and also on each January 1, for the next five years (2017-2021). What is the present

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9.XYZ Corporation will receive 7,500 today (January 1, 2016), and also on each January 1, for the next five years (2017-2021). What is the present value of the six 7,500 receipts, assuming a 12% interest rate? (2 Points) 34,536 60,864 30,836 68,168

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