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A company has a pension liability of $380,000,000 that it must pay in 23 in years. If it can earn an annual interest rate of
A company has a pension liability of $380,000,000 that it must pay in 23 in years. If it can earn an annual interest rate of 3.4 percent, how much must it deposit today to fund this liability? Multiple Choice $147,511,561.55 $176,121,025.35 $170,329,811.75 $157,625,327.82 $84,403,285.52
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Financial Accounting And Equity Markets
Authors: Philip Brown
1st Edition
1138617083, 978-1138617087
