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You will receive a series of $1,272 payments, annually, beginning exactly 8 years from today, for a total of 10 payments. The relevant interest rate
You will receive a series of $1,272 payments, annually, beginning exactly 8 years from today, for a total of 10 payments. The relevant interest rate (your opportunity cost) is 5% (as an EAR). The present value today (year 0) of this series of payments is $__________.
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