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You expect to earn $42,000 annually at graduation, with the first payment in 1 year, and you hope your salary will grow at a rate

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You expect to earn $42,000 annually at graduation, with the first payment in 1 year, and you hope your salary will grow at a rate of 10%. Your discount rate is 12%. What is the PV of your future earnings if you expect to work forever? $2,100,000 $420,000 $350,000 $1,500,200 ^ $500,200

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