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You will receive $700,000 at the end of each of the next 25 years. If the proper discount rate to that series of payment is

  1. You will receive $700,000 at the end of each of the next 25 years. If the proper discount rate to that series of payment is 10%, then what is the value today of that series of cash flow?
    1. $17,500,000.00
    2. $6,353,928.01
    3. $1,615,179.97
    4. $64,607.20

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