Question
Compute the present value of an $1,050 payment made in nine years when the discount rate is 11 percent. (Do not round intermediate calculations. Round
Compute the present value of an $1,050 payment made in nine years when the discount rate is 11 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
