What will you be willing to pay for an annuity

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Question: If your required return for a 10-year ordinary annuity paid annually is 7.4%, what will you be willing to pay for an annuity that provides $3,000 at the end of each year 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: EM132072287

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