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What would you pay for an investment that pays you $38000 at the beginning of each year for the next ten years? Assume that the
What would you pay for an investment that pays you $38000 at the beginning of each year for the next ten years? Assume that the relevant interest rate for this type of investment is 11%.
A.
$223788. |
B
| $248408. |
C | $235850. |
D | $261792. |
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