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5. At an annual effective interest rate of 10.1%, an annuity immediate with 4N level annual payments of 900 has a present value of 8721.
5. At an annual effective interest rate of 10.1%, an annuity immediate with 4N level annual payments of 900 has a present value of 8721. Determine the fraction of the total present value represented by the first set of N payments and the third set of N payments combined. 5. At an annual effective interest rate of 10.1%, an annuity immediate with 4N level annual payments of 900 has a present value of 8721. Determine the fraction of the total present value represented by the first set of N payments and the third set of N payments combined
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
