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You are valuing an investment that will pay you $21,000 per year for the first 7 years, $37,000 per year for the next 9 years,

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You are valuing an investment that will pay you $21,000 per year for the first 7 years, $37,000 per year for the next 9 years, and $76,000 per year the following 14 years (all payments are at the end of each year). Another similar risk investment alternative is an account with a quoted annual interest rate of 11.00% with monthly compounding of interest. What is the value in today's dollars of the set of cash flows you have been offered? $254,725.74$297,545.79$1,544,000.00$351,996.66$279,577.37 You are offered an investment with a quoted annual interest rate of 6% with quarterly compounding of interest. What is your effective annual interest rate? 6.08% 6.14% 5.84% 6.34% 6.00%

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