(Present value of an annuity) What is the present value of a(n)
13-year
annuity that pays
$1,000
annually, given a discount rate of
13
percent? Question content area bottom
Part 1
The present value of the annuity is
$enter your response here.
(Round to the nearest cent.)
Answers
$ 6121. 81 is the present value of a 13-year annuity that pays $1,000 annually, given a discount rate of 13 percent .
Present value of Annuity = P× ( 1 - ( 1/ 1+r)ⁿ) / r)
Annuity amount = $ 1000
discount rate = 13 %
No. of years = 13 years
Present value of Annuity = $ 6121 .81
Present Value of Annuity:
The current worth of an annuity is the all out cash worth of all of your future annuity installments, given a decided pace of return or rebate rate. You can determine precisely how much value remains in the annuity you purchased by knowing its present value.
How is the current worth of still up in the air?The present value (PV) of an annuity is calculated by multiplying the sum of all future payments divided by one by the yield to maturity (YTM) and raising it to the power of the number of periods.
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Related Questions
Human resources management includes all of the activities that a manager engages in to attract and retain employees and to ensure that they perform at a high level and contribute to the accomplishment of organizational goals. Recruitment and selection is the first component of a human resource management system. Recruitment and selection is used to attract and hire new employees who have the skills, abilities, and experiences that will help an organization achieve its goals. An effective recruitment and selection process will allow the organization to hire the best individuals to achieve its goals. Once managers develop a pool of applicants for open positions through the recruitment process, they need to determine whether each applicant is qualified for the position. Selection is the process in which managers determine each applicant's qualifications and his or her potential for performing well in a job. Various selection tools exist to help managers determine the viability of the candidate and assess the candidate for good performance. These selection tools include: background information, references, paper and pencil tests, physical ability tests, performance tests, and interviews. Each of these tools will be examined in the following exercise. Read the job descriptions outlined in the mini-case. Review the selection tools available to recruiters. Match each job description to the most appropriate selection tool for that position. Larry is the human resources director at a food processing facility. Due to industry growth, he has been charged with recruiting and hiring new employees to fill the open positions. He has a stack of applications on his desk. Each of the open positions has a corresponding job description that identifies the qualifications for each position. What selection tools should Larry use to fill each of the openings to ensure that the organization has a high-performing and effective workforce
Answers
Larry, the human resources director at a food processing facility, has been tasked with recruiting and hiring new employees to fill open positions due to industry growth.
To ensure that the organization has a high-performing and effective workforce, Larry needs to use appropriate selection tools for each position. In this exercise, we will match each job description to the most appropriate selection tool for that position.
Job 1: Production Supervisor
The production supervisor oversees the production line and ensures that products are produced efficiently, safely, and to the company's quality standards.
Selection Tool: Performance Tests
Performance tests would be the most appropriate selection tool for this position. A performance test would allow Larry to observe the candidate's ability to manage the production line and ensure that products are produced efficiently, safely, and to the company's quality standards.
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Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?
a. Acute
b. Chronic
c. Deadly
d. No Effect
Answers
The type of exposure in the given situation is acute.
Given that,
As there is a chemical blaze in Howard's arm.Because of this, Howard has a tiny burn mark that disappears in the coming weeks also he won't have any kind of mark or symptoms.It is classified as an acute exposure due to burning.Thus we can say that the type of exposure in the given situation is acute.
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Answer the following question please:
Answers
Answer:
D. Since A. B. AND C. Are normal things, It'd make sense for it to be D.
Answer:
The answer is......... D. Choosing what you are going to do with your money.
Explanation:
A company sold $100,000 of 8-year bonds at 98. Interest at 7% is payable annually. The recorded liability at the time of sale for these bonds, net of discount, is:
Answers
These bonds have a $96,000 recorded liability just at time of sale, net of discount.
Simply put, what is sales?Sales is indeed a term that refers to the processes that result in the sale of products or services. There are various teams inside the sales organizations that companies have. Furthermore, these sales people are frequently chosen depending on the region, the commodity or service, and the intended clientele. Between both the face value and the sale price, or $100,000 - $98,000, there is a reduction of $2,000, or 10%.
Due to the 7% interest rate, the yearly interest payment is calculated as follows: $100,000 x 0.07, or $7,000.
The selling price less the discount, meaning $98,000 - $2,000 = $96,000, constitutes the liability recorded just at time of sale, free of discount.
What does marketing mean by a sale?The foundation of every firm is sales and marketing. They are connected, and together they serve as a catalyst in generating income (profit). While sales turn views into profits by turning potential customers into real customers, marketing focuses on increasing awareness of a brand and organization.
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(Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 15 years and has a $1,000 par value. The annual coupon interest rate is 11 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent. The value of the bond is $. (Round to the nearest cent.) (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 23 years and pay 8 percent interest annually. If you purchase the bonds for $850, what is your yield to maturity? Your yield to maturity on the Abner bonds is \%. (Round to two decimal places.)
Answers
our yield to maturity on the Abner bonds is1: $536.97
2: 9.41%
1: The value of the bond can be calculated using the formula for present value of a bond. Using the given parameters, the bond's value is calculated to be $536.97.
2: To calculate the yield to maturity (YTM), we need to solve for the discount rate that equates the present value of the bond's cash flows to its purchase price. By using the given information, the YTM on the Abner bonds is calculated to be 9.41%.
(Bond valuation) Calculate the value of a bond that matures in 15 years and has a $1,000 par value. The annual coupon interest rate is 11 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent. The value of the bond is $. (Round to the nearest cent.) (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 23 years and pay 8 percent interest annually. If you purchase the bonds for $850
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Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
Answers
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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Samantha, a high school teacher, wants to spend more time with her children
and is looking for a part-time job in her field. What would be a good career
alternative for her?
A. Tutor
B. Administrative assistant
C. Pet groomer
D. Restaurant manager
No link please
Answers
________ involves creating a video, e-mail, mobile message, advertisement, or other marketing event that is so infectious that customers will seek it out or pass it along to their friends
Answers
The means that involves creating a video, email, mobile message, advertisement, or another marketing event that is so infectious that customers will seek it out or pass it along to their friends is Viral Marketing.
What do you mean by marketing?Marketing refers to the activities undertaken by a company for promoting the buying or selling of a product.
Viral marketing refers to spreading information about any product or service from person to person by word of mouth or sharing via the internet or email.
Viral marketing will increase a company's reach and customer base.
Therefore, viral marketing is the correct choice.
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A bookstore will only order books that come in complete cases. Each case has 150 books and costs $1,757 quantity a = the number of books that can be ordered for $10,550 quantity b = the number of books that can be ordered for $12,290.
Answers
The quantity of books for available money of $10,550 and $12,290 are the same. The correct option is: The two quantities are equal (option C)
The problem can be solved using unitary method.
Using this method, the required value is multiply the quantity by the unit cost.
In the given problem:
The bookstore will only buy books in complete cases.
Each case consists of 150 books and it costs $1,757.
Scenario A; Available money = $10,550
6 cases will cost: 6 x $1,757 = $10,542
Hence, with this available money the bookstore will get 6 cases of books, which equal to 6 x 150 = 900 books.
Scenario B; Available money = $12,290
6 cases will cost: 6 x $1,757 = $10,542
7 cases will cost 7 x $1,757 = $12,299
Hence, with available money of $12,290, the bookstore will get 6 cases of books, the money is not enough to buy 7 cases.
The quantity = 6 x 150 = 900 books.
Therefore, the correct choice is:
The two quantities are equal (option C)
Your question is incomplete, but most probably your question was:
A bookstore will only order books that come in complete cases. Each case has 150 books and costs $1,757
Quantity A
The number of books that can be ordered for $10,550
Quantity B
The number of books that can be ordered for $12,290
A. Quantity A is greater.
B. Quantity B is greater
C. The two quantities are equal.
D. The relationship cannot be determined from the information given.
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This document shows that you are allowed to work in the United States:
a. cover letter
b. résumé
c. job application
d. work permit
Answers
Answer:
d. work permit
Explanation:
The work permit is also referred to as the Employment Authorization Document or EAD. A work permit has the same design as a driver's license. It is issued by US Citizenship and Immigration Services (USCIS).
Foreigners coming into the US need to obtain a work permit to enable them to seek employment. The work permit card is presented to potential employers as proof that a person is duly authorized to work in the USA.
Answer:
D. Work permit
Explanation:
Did the quiz
The weighted-average for the year inventory cost flow method is applicable to which of the following inventory systems?
Periodic Perpetual
a. Yes Yes
b. Yes No
c. No Yes
d. No No
Answers
The weighted-average inventory cost flow method is applicable to both periodic and perpetual inventory systems. The correct option is a.
In a periodic system, the weighted-average cost is calculated at the end of each accounting period by dividing the total cost of goods available for sale by the total number of units available for sale. This average cost is then used to value both the ending inventory and the cost of goods sold.
In a perpetual system, the weighted-average cost is calculated after each purchase transaction by dividing the total cost of goods available for sale by the total number of units available for sale. This average cost is then updated with each subsequent purchase or sale transaction to ensure that the inventory is always valued at its current cost.
The advantage of using the weighted-average cost flow method is that it smooths out fluctuations in the cost of inventory, which can be especially helpful for businesses that experience frequent price changes. Additionally, because the weighted-average cost is based on the total cost of goods available for sale, it takes into account all purchases made during the period, rather than just the cost of the most recent purchases.
Therefore, the correct answer to the question is option a, which indicates that the weighted-average inventory cost flow method is applicable to both periodic and perpetual inventory systems. The correct option is a.
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What project scheduling term is used to describe the completion of significant portions of the project or a transition from one phase to another?.
Answers
A Gantt chart is the most common type of project schedule. A Gantt chart can be used to create a detailed project schedule as well as a milestone schedule.
In project management, what exactly is a project schedule?
What needs to be done, which resources need to be used, and when the project is due are all listed in a project schedule. It is a schedule with start and end dates and milestones that must be met to finish the project on time.
What are the methods for scheduling?
The four most widely used scheduling methods by project managers are as follows: Gantt charts, the Critical Path Method, the Program Evaluation and Review Technique, and fast-tracking and crashing.
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In Year 1, Kane's residence had an adjusted basis of $250,000 and it was destroyed by a tornado (in a federally declared disaster area). An appraiser valued the decline in market value at $425,000. Later that same year, Kane received $200,000 from his insurance company for the property loss and did not elect to deduct the casualty loss in an earlier year. Kane's Year 1 adjusted gross income was $100,000. What total amount can Kane deduct as a Year 1 itemized deduction for casualty loss, after applying any limitations?
Answers
Answer:
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.
Explanation:
According to the Internal Revenue Service (IRS), Disaster Area Losses in a federally declared disaster refers the occurrence of a disaster in an area that the President has declared to be eligible to enjoy federal assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.
Since Kane's residence falls into the category of personal-use property or it is not totally destroyed, the amount of loss of the property is the lesser of the adjusted basis of the residence, $250,000, and the decline in market value determined by the appraiser, $425,000. Based on this, the amount of loss of the residence is $250,000.
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss can therefore therefore be calculated as follows:
Particulars Amount ($)
Loss amount 250,000
Amount from insurance (200,000)
Loss of the Taxpayer's 50,000
Deduct $100 (100)
Eligible Loss 49,900
Limitation of 10% annual gross income (10,000)
Loss to be deducted 39,900
Therefore, the total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.
which of the following statement is normative? select one: a. trade deficits frequently occur in conjunction with budget deficits. b. the interest rate increases are the result of federal reserve actions to decrease the money supply. c. a large budget surplus is likely to lower interest rates. d. higher taxes are needed to support education.
Answers
A normative statement is one that expresses an opinion or value judgment rather than a factual observation. Of the statements provided, option d is the only one that is normative.
It expresses an opinion that higher taxes are necessary to support education. The other statements are all factual observations about economic relationships and causality. Option a is an observation that trade deficits and budget deficits often occur together, option b is an observation that interest rate increases are caused by actions to decrease the money supply, and option c is an observation that a large budget surplus is likely to lower interest rates. It is important to distinguish between normative and factual statements in economics to ensure that arguments and policy proposals are grounded in sound reasoning and evidence.
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Simba is looking for a financial institution to give him a loan for a new house. Which of these institutions would be LEAST likely to provide this service?
savings and loan institution
credit union
brokerage firm
commercial bank
Answers
Answer:
Brokerage firm
Explanation:
Explain the importance of office for an organization long answer
Answers
Answer:
The answer to this question is given below in this explanation section.
Explanation:
" importance of office for an organization"
An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.
It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.
Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.
4941551496 p.a.ssw.ord yaP2D2
CO.ME FA.ST ON ZO.O.M
Answers
Answer:
WHY FAST?
Explanation:
based on image info, what was the operating system installed?
Answers
Based on the image information provided, it is determined that the operating system installed is a 32-bit system.
A 32-bit operating system is a type of operating system that can handle 32-bit hardware and software components. It is designed to work with processors that can handle data in 32-bit blocks, which means it can only access up to 4 GB of RAM. This type of operating system is commonly used in older computers or devices with limited hardware resources.
In comparison, 64-bit operating systems can handle larger amounts of data and memory, making them suitable for modern systems with high-performance requirements. However, some software or devices may still require a 32-bit operating system, and it can be useful for running older applications or hardware that are not compatible with newer systems.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $1000 billion, and excess reserves total $1 billion, then the monetary base is.
Answers
The monetary base is $501 billion if the required ratio is 10%.
What is the Monetary base?
We know that,
M1 Multiplier
=1+c/r+c+e
Monetary base is =r+c
hence it becomes 501 billion
An essential idea in monetary economics is shown by the definition of the monetary base. Every nation has a central bank that creates, regulates, and oversees the flow of currency. For instance, the US monetary base is managed by the Federal Reserve, which is the country's central bank.Open market operations or conventional monetary policy measures are used by central banks to regulate the MB. For instance, the US's MB value varies when the Federal Reserve buys and sells US Treasury Bonds. through making open-market purchases of government bonds.To learn more about the monetary base refer to:
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Upon dissolution of the partnership, one -third of the goes to each of its three founding partners. Since Partner Abel is deceased, his portion is split evenly among his four heirs. What portion of the company's value does each of these heirs receive?
Answers
Upon the dissolution of the partnership, the portion that would have gone to Partner Abel is split evenly among his four heirs, resulting in each heir receiving 1/4th (25%) of the company's value.
In this scenario, with three founding partners and the dissolution of the partnership, the value of the company is divided equally among the partners, resulting in each partner initially receiving 1/3rd (33.33%) of the company's value.
However, since Partner Abel is deceased, his portion is distributed among his four heirs.
Since the portion that would have gone to Partner Abel is now split evenly among his four heirs, each heir would receive an equal share. Therefore, each heir receives 1/4th (25%) of the company's value. This distribution ensures fairness and equal treatment among Partner Abel's heirs.
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The government claimed that, to illegally control the market, Microsoft used
a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.
Answers
Answer:
B. Predatory pricing and buying out competitors
kotsiantis, s.b. use of machine learning techniques for educational proposes: a decision support system for forecasting students’ grades. artif. intell. rev. 2012, 37, 331–344.
Answers
The provided text is a citation for a research paper titled "Use of Machine Learning Techniques for Educational Purposes: A Decision Support System for Forecasting Students' Grades" by S.B. Kotsiantis, published in the journal "Artificial Intelligence Review" in 2012.
From the given information, it seems that the paper explores the use of machine learning techniques in the field of education, specifically for the purpose of predicting or forecasting students' grades. This type of system can be considered a decision support system as it helps in making informed decisions about students' academic performance. Unfortunately, the main answer or content of the paper is not provided in the question.
Therefore, I cannot give you a step-by-step explanation or any further details about the specific techniques or findings discussed in the research paper. However, it is worth mentioning that machine learning techniques can be powerful tools in education. By analyzing various factors such as past grades, attendance, study habits, and demographic information, machine learning algorithms can be trained to predict future academic outcomes.
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I want to become doctor and I'm from nepal..which may be the best country for me to study
Answers
Answer:
the best would always be the USA in doctoring.
it has the best colleges etc.
Explanation:
if a buyer's willingness to pay for an item is $10, and the buyer purchases the item for $8, what is the buyer's economic surplus?
Answers
The buyer's economic surplus is $2, which is the difference between the buyer's willingness to pay ($10) and the purchase price ($8).
The buyer's economic surplus is a concept that measures the benefit a buyer receives from purchasing an item. It is determined by calculating the difference between the buyer's willingness to pay for the item and the actual price paid. In this scenario, the buyer's willingness to pay is stated as $10, while the purchase price is $8.
By subtracting the purchase price from the willingness to pay, we find that the buyer's economic surplus is $2. This indicates that the buyer has gained an additional $2 in value by purchasing the item at a price lower than their maximum willingness to pay. The economic surplus represents the buyer's perceived gain and can be seen as a measure of the transaction's efficiency and mutual benefit.
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A company in Maine sends lobsters to France What is Maine doing? Select three options
Answers
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage
Answers
Answer:
A second mortgage loan uses real estate for security
a In a short response of 3-5 sentences, identify a common time-management pitfall that
you have personally experienced or are personally experiencing. Describe what time
management strategies you used to overcome that pitfall or how you will overcome the
"pitfall in the future."
Answers
Note that Procrastination is my pitfall. To overcome it, I set specific deadlines for tasks, break large projects into smaller ones and prioritize them, and use reminders to stay on track. I also try to minimize distractions while working.
What is Procrastination?Procrastination is the deliberate and unnecessary delay or postponement of something while knowing that doing so would result in negative repercussions.
It is caused by a variety of factors, including poor self-esteem, worry, a lack of organization, and, simply, an inability to inspire oneself to do unpleasant chores.
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Chewer. The state in which Susan lives has a statute prohibiting dogs running at large. All dogs are required to be on a leash whenever they are off the owner's premises. Susan's dog, while not on a leash, visits the home of a neighbor down the street. While there, the dog carries off an expensive pair of shoes belonging to Robert. The shoes are chewed and destroyed. A neighbor informed Robert of what had happened. Robert commented that he never should have left his $300 shoes lying on the deck in the first place but that he expects to be repaid by Susan. Robert found out that the dog had carried away a number of shoes and other articles in the neighborhood, chewing them to pieces. Susan did nothing to warn anyone. Robert thinks that she should be punished for her activities, which would perhaps deter her from allowing the dog to run loose. What type of damages would Robert seek in order to punish Susan and deter her from letting the dog run free in the future
Answers
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
Answers
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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