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imprudental, incoporated, has an unfunded pension liabity of $768 million that must be paid in 15 years. To assess the value of the fitars stock,

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imprudental, incoporated, has an unfunded pension liabity of $768 million that must be paid in 15 years. To assess the value of the fitars stock, financia analysts want to discount this liablity back to the present. If the relevant discount rate is 7 percent, what is the piesent value of thic tlability? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rouncied to 2 decimal ploces. eg. 1,234,567.89

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