23. Annuity Values. (LO3) a. What is the present value of a 3-year annuity of $100 if...
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23. Annuity Values. (LO3)
a. What is the present value of a 3-year annuity of $100 if the discount rate is 6%?
b. What is the present value of the annuity in
(a) if you have to wait 2 years instead of 1 year for the first payment?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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