Question: Suppose you signed a contract for a special assignment over the next 12.0 years. You will be paid $25,838.00 at the end of each year.

Suppose you signed a contract for a special assignment over the next 12.0 years. You will be paid $25,838.00 at the end of each year. If your required rate of return is 19%, what is this contract worth in today?

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