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An investor will receive an annuity of $4,000 a year for ten years. The first payment is to be received five years from today. At
An investor will receive an annuity of $4,000 a year for ten years. The first payment is to be received five years from today. At a 9% discount rate, how much is the annuity worth today?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
