Two equivalent payments of $2000 each are to be received six and 12 months from now. If
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Two equivalent payments of $2000 each are to be received six and 12 months from now. If money can earn 10%, what is the total equivalent value of the payments today? Answer to the nearest cent.
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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