Present value of an a ordinary Annuity: An investment opportunity requires a payment of $750 for 12

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Present value of an a ordinary Annuity: An investment opportunity requires a payment of $750 for 12 yrs starting a year from today if your required rate of return is 8 % what is the value of the investment today?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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