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An annuity will pay $1,500 per month for 10 years. If the discount rate is 8% annually, what is the present value of this stream
An annuity will pay $1,500 per month for 10 years. If the discount rate is 8% annually, what is the present value of this stream of cash?
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Monetary Policy Strategy
Authors: Frederic S. Mishkin
1st Edition
0262513374, 978-0262513371
