What is the present value of $1,000 per year, at a discount rate of 12 percent, if

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What is the present value of $1,000 per year, at a discount rate of 12 percent, if the first payment is received 8 years from now and the last payment is received 20 years from now?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2023 12:49 PM

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What is the present value of $1,000 per year, at a discount rate of 12 percent, if

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To calculate the present value of a series of future cash flows you can use the formula for the ...View the full answer

Fundamentals Of Corporate Finance

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