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You are to receive $1,000 every month for 50 months. Your rate of discount is...

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Finance

You are to receive $1,000 every month for 50 months. Your rate of discount is 0.6% per month. What is the present value to you of this cash flow?

a. 50.000,00

b. 43.086,23

c. 58.108,22

d. 39.196,12

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