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You have a chance of recieving one of the following payouts: A) 3,000 per year forever, with the first payment two years from today B)
You have a chance of recieving one of the following payouts:
A) 3,000 per year forever, with the first payment two years from today
B) 3,700 per year forever, with the first payment five year today
With a 8 percent interest rate, which of the following streams do you prefer?
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