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What is the present value of a stream of RM12,500 semi-annual payments received at the end of each period for the next 10 years? The

What is the present value of a stream of RM12,500 semi-annual payments received at the end of each period for the next 10 years? The interest rate is 6% per annum. (Round to the nearest figures)

Select one:

A. RM389,310.7

B. RM161,885.9

C. RM185,962.5

D. RM379,194.8

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