20. What is the present value of $12,000 received a. 6 years from today when the interest...

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20. What is the present value of $12,000 received

a. 6 years from today when the interest rate is 5% per year?

b. 12 years from today when the interest rate is 8% per year?

c. 20 years from today when the interest rate is 10% per year?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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