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Business & Finance Assignment | Custom Assignment Help

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October 29th, 2019

(Related to Checkpoint 6.2) (Present value cl annuity payments) The state lonery’s mirliondolrar payout prowdes [or $12 mrllron to be pard rn 25 Instarlmenis of $45,000 per payment The first $48000 payment is made immedrately‘ and the 24 remaining$48000 payments occur al the end of each oithe next 24 years If 6 percent r5 Ihe discount rale, what is the present value of Ihis stream of cash flows? If 12 percent rs the discount rate, what is the present value loe cash flows? a. if 6 percent is ihe drscounl rate, the preseni vaiue of the annuity due r5$ (Round to the nearest cent)Get business finance assignment homework help today

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