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You inherited a lifetime annual payment. The inherited amount is 3000HUF at the end of the next year; after that, on an annual basis, the

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You inherited a lifetime annual payment. The inherited amount is 3000HUF at the end of the next year; after that, on an annual basis, the amount will grow with 5.6% rate. What is the present value of the cash-flow stream assuming that the interest rate is 15%

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