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Your firm has pension obligations of $5.6 million per year for 25 years, with the first payment in 18 years. If you can earn 3.5%,

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Your firm has pension obligations of $5.6 million per year for 25 years, with the first payment in 18 years. If you can earn 3.5%, how much must you deposit today to meet those obligations? A. $ 92,296,482 B. $ 49,688,839 C. $121,536,841 D. $ 51,427,948 E. $ 75,370,560 What is the present value of $1 million in 20 years if you can earn 5% compounded quarterly? A. $370,166.79 B. $376,889.48 C. $780,008.55 D. $517,331.67

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