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Your firm is required to make 18 annual payments of $5.5 million each with the first payment to be made 13 years from today. If
Your firm is required to make 18 annual payments of $5.5 million each with the first payment to be made 13 years from today. If your discount rate is 6.5%, how much do you need today to fully fund that obligation? A. $25,304,909 B. $26,949,728 C. $43,660,660 D. $83,723,491
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