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Calculating Present Values LO2 imprudently Inc. has an unfunded pension Liability of $415 million that must be paid in 20 years. To assess the value

Calculating Present Values LO2 imprudently Inc. has an unfunded pension Liability of $415 million that must be paid in 20 years. To assess the value of the firms stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 5.2 percent what is the present value of this liability?

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