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You will receive a series of $1,277 payments, annually, beginning exactly 5 years from today,...

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You will receive a series of $1,277 payments, annually, beginning exactly 5 years from today, for a total of 10 payments. The relevant interest rate (your opportunity cost) is 8% (as an EAR). The present value today. (year 0) of this series of payments is $

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