26. Related to the discussion in problem 25, what is the present value of a 10-year annuity...

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26. Related to the discussion in problem 25, what is the present value of a 10-year annuity of $5,000 per period in which payments come at the beginning of each period? The interest rate is 12 percent.

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Foundations Of Financial Management

ISBN: 9780073382388

13th Edition

Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen

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