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You are offered payments of $475 at the end of each semi-annual period for 6.5 years. You think that the cost of money is 6.14%

You are offered payments of $475 at the end of each semi-annual period for 6.5 years. You think that the cost of money is 6.14% compounded semi-annually. What is the present cash value? Question 6 options: A) $5292.06 B) $5029.06 C) $5290.06 D) $5209.06 E) $5092.06

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