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D 5 ins elloos HA References W Problem 9-24 Present value [LO9-3] Les Moore retired as president of Goodman Snack Foods Company but is currently

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D 5 ins elloos HA References W Problem 9-24 Present value [LO9-3] Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contacto $6000 per y the next 10 years. Use Appendix B and Appendix D for an approximate anwer, but calculate your final ang Theo and financial calculator methods a. If Mr. Moore's opportunity cost (potential return) is 10 percent, what is the present value of hes consulting contract (De not round intermediate calculations. Round your final answer to 2 decimal places) Present value b. Assuming Mr. Moore will not retire for two more years and will not start to receive his 10 payments until the end of the thed year what would be the value of his deferred annuity? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value D Activate Windsen Next >>

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