Question
At an annual discount rate of 7%, if the 4-year present value annuity factor is 3.387 and the 5-year present value annuity factor is 4.100,
At an annual discount rate of 7%, if the 4-year present value annuity factor is 3.387 and the 5-year present value annuity factor is 4.100, what is the present value at the end of year 4 of $1 received at the end of year 5?
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
