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You won a small lottery that will pay you $15,000 per year for 25 years. If the first payment will occur at the end of this year and the appropriate discount rate is 3.5%, what is the present value of this promised payment stream?
Financial Management, Finance
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Please respond to the following: UNDER 300 Words a) Justify why a small investor would benefit from investing in a mutual fund, as compared to the many other investments that exist. Provide support for your justificatio ...
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