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Consider a 30 year series of cash flows that pays 1000 at

Consider a 30 year series of cash flows that pays $1,000 at the end of each year, and has present value of $12,500. What is the discount rate? (One way, but by no means the only way, to solve this problem is to use the Solver in a Microsoft Excel spreadsheet.)

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Macroeconomics: Consider a 30 year series of cash flows that pays 1000 at

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