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For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) :
For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):
| Present Value | Years | Interest Rate | Future value | |||||
| $ | 12 | 6 | % | $ | 14,751 | |||
| 3 | 12 | 44,557 | ||||||
| 28 | 13 | 879,073 | ||||||
| 30 | 10 | 543,164 | ||||||
|
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
