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Your brother approaches you with the following deal: Pay me $ 1 , 0 0 0 at the end of every year for the next

Your brother approaches you with the following deal: Pay me $1,000 at the end of every year
for the next 15 years, and I will pay you $1,000 at the end of every year for the following 30
years. The interest rate is 5%. Should you accept this deal? (Hint: Calculate the NPV of the
deal.)

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