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You have entered into an agreement to purchase a local firm. The agreement specifies you will pay the seller $154,000 each year for six years,

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You have entered into an agreement to purchase a local firm. The agreement specifies you will pay the seller $154,000 each year for six years, What is the cost today of the purchase, assuming a discount rate of (a) 4%, (b) 6%, or (c) 8% ? Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. IFV of \$1i PV of \$1. EVA of \$1, and PVA of \$1)

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