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A company expects to receive $ 5 0 , 0 0 0 from a client in 5 years. If the discount rate is 5 %
A company expects to receive $ from a client in years. If the discount rate is
per year, what is the present value of this future payment?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
