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7 mprudential, Inc., has an unfunded pension liability of $565 million that must be paid in 15 years. To assess the value of the firm's

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7 mprudential, Inc., has an unfunded pension liability of $565 million that must be paid in 15 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. 2 points If the relevant discount rate is 5.8 percent, what is the present value of this liability? (Enter your answer in dollars not in millions, e.g. 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Skipped Present value eBook Hint Print References

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