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What Is the Future Value of a Series of $5,000

Question 77

Multiple Choice

What is the future value of a series of $5,000 end-of-the-year cash flows to be received forever if the required rate of return is 6.00% per year and the first cash flow is one year from today?


A) $83,333,333.33
B) $8,333,333.33
C) $83,333.33
D) This question cannot be solved for a future value.

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