9. 52. Calculating present values [LO 6.1] A five-year annuity of ten $5 900 semiannual payments will
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9. 52.
Calculating present values [LO 6.1] A five-year annuity of ten $5 900 semiannual payments will begin nine years from now, with the first payment coming nine and a half years from now. If the discount rate is 8 per cent compounded monthly, what is the value of this annuity five years from now? What is the value three years from now?
What is the current value of the annuity? Page 182
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Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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