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Imprudential, Inc., has an unfunded pension liabllity of $850 million that must be paid in 20 years. To assess the value of the firm's stock,

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Imprudential, Inc., has an unfunded pension liabllity of $850 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 10.0 percent, what is the present value of this liability? Multiple Choice $123,820,142 $128,874,026 $116,239,317 O $126,347,084

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