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Business, 09.11.2019 01:31, dontcareanyonemo
42) you have an annuity of equal annual end-of-year cash flows of $500 that begin two years from today and last for a total of ten cash flows. using a discount rate of 4%, what are those cash flows worth in today’s dollars?
a) $3,899.47
b) $4,055.45
c) $4,380.24
d) $5,000.00
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Answers: 3
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