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You signed an employee contract with Talus which promises to pay you $20,000 a year for eight years. The payments occur on the first day

You signed an employee contract with Talus which promises to pay you $20,000 a year for eight years. The payments occur on the first day of each year. What kind of cash flow it is and what is the value of this cash flow today at a 5% discount rate, monthly compounding?

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