Determine what will you be willing to pay for an annuity

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If your required return for a 10-year annuity due (paid annually) is 7.4%, what will you be willing to pay for an annuity that provides $8,000 annually for that period?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132072404

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