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You recieve a payment today of $2,000,000, and then monthly payments of $35,000 each for 4 years (48 total monthly payments), with the first of the monthly payments occurring one year from today. If you use a discount rate of 2.28% APR with monthly compounding, what is the present value as of today ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92099811

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