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Please use calculator HP10bii+ You just won the lottery, which promises you $440,000 per year for the next 20 years. You receive the first payment
Please use calculator HP10bii+
You just won the lottery, which promises you $440,000 per year for the next 20 years. You receive the first payment today (hint: annuity due). If your discount rate is 9.00%, what is the present value of your winnings? $4,263,810 $4,111,618 $4,592,674 $4,016,560 $4,378,050 Step by Step Solution
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Handbook Of Recent Advances In Commodity And Financial Modeling
Authors: Giorgio Consigli, Silvana Stefani, Giovanni Zambruno
1st Edition
3319613189, 978-3319613185
