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What is the present value of a four-period annuity of $100 per year that begins 2 years from today if the discount rate is 8%?

What is the present value of a four-period annuity of $100 per year that begins 2 years from today if the discount rate is 8%? (Hint: A regular annuity would have begins one period from now. Remember to discount the regular annuity by one time period)

A. $297.21 B. $306.68 C. $331.22 D. $388.97

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