If the discount rate is 5%, what is the present value of a series of 10 annual

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If the discount rate is 5%, what is the present value of a series of 10 annual $5,000 cash flows, with the first cash flow occurring 20 periods from today?

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Foundations And Applications Of The Time Value Of Money

ISBN: 9780470407363

1st Edition

Authors: Pamela Peterson Drake, Frank J. Fabozzi

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