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You are the beneficiary of a trust fund that will start paying you cash flows in 5 years. The cash flows will be $29861 per
You are the beneficiary of a trust fund that will start paying you cash flows in 5 years. The cash flows will be $29861 per year and there will be a total of 45 yearly cash flows paid. If the interest rate is 5.1% per year, what is the value needed in the trust fund now to fund these cash flows? a. The amount needed in the trust today is $......
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