P4A.16 Using a financial calculator or an Excel spreadsheet, calculate the following. a. The present value of

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P4A.16 Using a financial calculator or an Excel spreadsheet, calculate the following.

a. The present value of $500 to be received four years from now, using an 11%

discount rate.

b. The present value of the following end-of-year income streams, using a 9%

discount rate and assuming it is now the beginning of 2012.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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