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An ordinary annuity pays $4,000 per year for 11 years. If the cost of capital is 12%, what would be the present value if the
An ordinary annuity pays $4,000 per year for 11 years. If the cost of capital is 12%, what would be the present value if the first payment were not received until the end of year 4?
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Financial Institutions Investments And Management An Introduction
Authors: Herbert B. Mayo
8th Edition
0324178174, 9780324178173
