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4) Imprudential, Inc. has an unfunded pension liability of $627 million that must be paid in 4) _ 21 years. To assess the value of
4) Imprudential, Inc. has an unfunded pension liability of $627 million that must be paid in 4) _ 21 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. The relevant discount rate is 7.38 percent. What is the liability? A)$140.564.661 B) $171,438,907 C) $159,803,162 D) $181,511,367 E) $154,519,484
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