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    Exam 4: Discounted Cash Flow Valuation
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    A 10-Year,$600 Annuity Pays Its First Payment at Date 3
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A 10-Year,$600 Annuity Pays Its First Payment at Date 3

Question 79

Question 79

Multiple Choice

A 10-year,$600 annuity pays its first payment at Date 3.If you compute the present value of this annuity,the computed value will be as of Date


A) 0
B) 1
C) 2
D) 3
E) 4

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