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You inherited an oil well that will pay you $24,000 per year for 25 years, with the first payment being made today. If you think

You inherited an oil well that will pay you $24,000 per year for 25 years, with the first payment being made today. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sell it? $287,591.20 $247.328.43 $235,824.79 $218,569.31 $250,204.35

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