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1.What is the present value of an income stream of $50,000 per year for 5 years at a 6% discount rate?Show your work.
1.What is the present value of an income stream of $50,000 per year for 5 years at a 6% discount rate?Show your work.
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Case Studies in Finance Managing for Corporate Value Creation
Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
