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Your firm needs to have $20,000,000 in 30 years (t = 30) to pay future liabilities. How much money will the firm need to invest

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Your firm needs to have $20,000,000 in 30 years (t = 30) to pay future liabilities. How much money will the firm need to invest today (t=0) to cover the future liabilities? Assume that the firm can invest in projects that earn 7% per year on average

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