5-22B. (Present value ofan annuity due) What is the present value of a five-year annuity due of...

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5-22B. (Present value ofan annuity due) What is the present value of a five-year annuity due of

$1,000 annually given a 10 percent discount rate?

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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