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Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 9 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P5-19 (similar to)
Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 9 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P5-19 (similar to) Question Help O (Related to Checkpoint 5.4) (Present value) Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of S375,000 due in 25 years. In other words, they will need $375,000 in 25 years. Toni Flanders, the company's CEO, is scrambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 8 percent, what is the present value of the liability? If the appropriate discount rate is a percent, the present value of the $375,000 bability due in 25 years is Round to the nearest cent) Enter your answer in the answer box and then click Check Answer ? All parts showing Clear All Check
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