What is the value of an investment that pays ($6,500) every other year forever, if the first

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What is the value of an investment that pays \($6,500\) every other year forever, if the first payment occurs one year from today and the discount rate is 16 percent compounded daily? What is the value today if the first payment occurs four years from today?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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