Question
If you require a return of 10% on your investment, how much would you be willing to pay for an annuity of $4000 per year
If you require a return of 10% on your investment, how much would you be willing to pay for an annuity of $4000 per year if the first payment is received 6 years from now and the last payment is received 20 years from now?
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Finance For Managers
Authors: E. Martinez Abascal
1st Edition
0077140079, 9780077140076
