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Your company will generate $75,000 every 6-months for the next seven years from a new project. Payments are received at the end of each 6-month

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Your company will generate $75,000 every 6-months for the next seven years from a new project. Payments are received at the end of each 6-month period. If the appropriate interest rate is 6%/year compounded semi- annually, what is the present value? $ 740,055.22 O $ 847,205.49 O $ 967,000.00 O $ 804.980.25

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