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Over a five-year period beginning in FY04, your program is planning to procure a total quantity of 200 aircraft at a total cost of $4500 million (then-year dollars). The acquisition plan calls for an initial contract award in FY04 for 22 of these aircraft at a price of $30 million apiece. The contractor expects to incur $350 million of costs related to this contract in FY04. Assuming no advance procurement is required, how much should you request for FY04 only?
$4500 million
$350 million
$30 million
$660 million
present value your brother has asked you for a loan and has promised to pay back 7750 at the end of three years. if
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A trader owns gold as part of a long-term investment portfolio. The trader can buy gold for $450 per ounce and sell it for $449 per ounce. The trader can borrow funds at 6% per year and invest funds at 5.5% each year.
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