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An annuity due with 10 annual payments has a present value of $1,244,353. If the interest rate is 15%, what is the annual payment?
An annuity due with 10 annual payments has a present value of $1,244,353. If the interest rate is 15%, what is the annual payment?
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
