Question
An investment offers $5,761 per year for 18 years, with the first payment occurring 11 years from now. If the required return is 13 percent,
An investment offers $5,761 per year for 18 years, with the first payment occurring 11 years from now. If the required return is 13 percent, what is the value of the investment?
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Budget Tools Financial Methods In The Public Sector
Authors: Greg G. Chen, Lynne A. Weikart, Daniel W. Williams
2nd Edition
1483307700, 9781483307701
