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You can purchase an investment that pays $25,000 at the beginning of each year for twenty years. Similar investments earn a 6% interest rate. How
You can purchase an investment that pays $25,000 at the beginning of each year for twenty years. Similar investments earn a 6% interest rate. How much should you pay for the cash flow stream today? $286,748.03 $303,952.91 $919,639.78 None of the above
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