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Your broker offers you a 4 year ordinary annuity of $2250 per year plus an additional $2000 at the end of year 4. If the

Your broker offers you a 4 year ordinary annuity of $2250 per year plus an additional $2000 at the end of year 4. If the average market interest rate over the next 4 years is expected to be 5 % what are you willing to pay for the investment today?

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