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Imprudential, Incorporated, has an unfunded pension liability of $ 5 6 8 million that must be paid in 1 5 years. To assess the value

Imprudential, Incorporated, has an unfunded pension liability of $568 million that must
be paid in 15 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 6.1 percent, what
is the present value of this liability? (Do not round intermediate calculations and enter
your answer in dollars, not millions, rounded to 2 decimal places, e.g.,1,234,567.89)
Present value
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