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Suppose that you will receive $2,500 at the end of each year for 5 years....

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Finance

Suppose that you will receive $2,500 at the end of each year for 5 years. The prevailing interest rate is 6 percent compounded annually. How much money must be offered to you today so that youre indifferent between the two choices?Please provide step-by-step instructions for solving the problem

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