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With out excel Chapter 06- Discounted Cash Flow Valuation 53. You are considering an annuity which costs $160,000 today. The annuity pays $18,126 a year

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Chapter 06- Discounted Cash Flow Valuation 53. You are considering an annuity which costs $160,000 today. The annuity pays $18,126 a year at an annual interest rate of 7.50 percent. What is the length of the annuity time period? A. 12 years B. 13 years C. 14 years D. 15 years E. 16 years

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