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Which of the following option do you prefer? : 1) An ordinary annuity at a price of $150,000 today, and receive $1,000 per month for
Which of the following option do you prefer? :
1) An ordinary annuity at a price of $150,000 today, and receive $1,000 per month for 20 years
2) 3,000 shares of a preferred stock at the price of $50 per share today, and received cash dividend of $2.5 per share every quarter
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