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10 year annuity of 20 - $8900. Semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now. If
10 year annuity of 20 - $8900. Semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now. If the discount rate is 8 percent compounded semiannually, what is the value of this annuity 10 years from now? 8 years from now?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
