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    How is the present value of a lump sum related to the present value of a stream of payments? How is this helpful for retirees that are considering taking a lump sum payment in lieu of monthly pension payments?

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    How is the present value of a lump sum related to the present value of a stream of payments? How is this helpful for retirees that are considering taking a lump sum payment ...

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    This solution is comprised of a detailed explanation to answer how is the present value of a lump sum related to the present value of a stream of payments.

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