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An investment will pay $32,000 per year forever beginning 10 years from today. If the relevant rate is 8% compounded monthly, the investment is worth
An investment will pay $32,000 per year forever beginning 10 years from today.
If the relevant rate is 8% compounded monthly, the investment is worth $______ today.
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann, Francesco Fabozzi
9th Edition
1260473899, 978-1260473896
