Question: please answer qu1 1. (5 Points) If you require an 11% retum, how much are you willing to pay today for a 12 year annuity

please answer qu1

1. (5 Points) If you require an 11% retum, how much are you willing to pay today for a 12 year annuity that promises to pay you $13,000 per year with the first payment two years from now? a. $69.540.54 b. $68,500.93 c. $76,037.04

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