Question
(Present value of a complex stream)Don Draper has signed a contract that will pay him $65,000 at the end of each year for the next
(Present value of a complex stream)Don Draper has signed a contract that will pay him
$65,000
at the end of each year for the next
5
years, plus an additional
$130,000
at the end of year
5.
If
7
percent is the appropriate discount rate, what is the present value of this contract?
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Flipping Houses Mastering The Art Of Profitable Real Estate Investments
Authors: Bandra Blueprints
1st Edition
979-8395990426
