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Please help!!! Imprudential, Inc., has an unfunded penslon llablity of $700 million that must be pald in 25 years. To assess the value of the
Please help!!!
Imprudential, Inc., has an unfunded penslon llablity of $700 million that must be pald in 25 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 6.0 percent, what Is the present value of thls llabllity? O $150,051,118 $183,500,800 O $159,837060 $166,361,022 $163,099,041Step by Step Solution
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