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Jason has the option to receive 100000 today or receive

Jason has the option to receive $100,000 today or receive equal periodic payments at the end of each year for the next 9 years from a trust.

His opportunity cost on investments is 12% compounded annually.

What annual payment should Jason receive to equal the $100,000 lump sum payment today?

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Financial Management: Jason has the option to receive 100000 today or receive

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Financial Management: Jason has the option to receive 100000 today or receive

Reference No:- TGS01598956

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