Question
Present Value 6a. What is the present value of $1,000,000, due 25 years from now? b. What is the present value of a $40,000 ordinary
| Present Value | |||
| 6a. What is the present value of $1,000,000, due 25 years from now? | |||
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| b. What is the present value of a $40,000 ordinary annuity for 25 years? | |||
| c. What is the present value of a $40,000 perpetuity, if the first payment is 1 year from now? | |||
| d. What is the present value of a $40,000 perpetuity, if the first payment is now? | |||
Using formula or Excel function
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
