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Your Uncle Ho just left you an endowment in his will that pays you $2,500 per month for 20 years. If your required rate of

Your Uncle Ho just left you an endowment in his will that pays you $2,500 per month for 20 years. If your required rate of return is 8.5%, what would you be willing to take today in exchange for the payments?

782,684

600,000

245,841

288,077

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