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An investment will pay $700 at the end of each of the next 4 years, $600 at the end of Year 5, and $500 at
An investment will pay $700 at the end of each of the next 4 years, $600 at the end of Year 5, and $500 at the end of Year 6. What is its present value if other investments of equal risk earn 10 percent annually?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
