Question
#fourteen A company has a pension liability of $490,000,000 that it must pay in 27 in years. If it can earn an annual interest rate
#fourteen
A company has a pension liability of $490,000,000 that it must pay in 27 in years. If it can earn an annual interest rate of 4.5 percent, how much must it deposit today to fund this liability?
$121,515,046.67
$47,537,100.25
$142,869,639.05
$131,245,676.31
$149,298,772.80
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HBR Guide To Finance Basics For Managers
Authors: Harvard Business Review
1st Edition
1422187306, 978-1422187302
