Question
Present Value of a Single Payment What is the present value of a security that will pay $20,000 in 20 years if securities of equal
Present Value of a Single Payment
What is the present value of a security that will pay $20,000 in 20 years if securities of equal risk pay 7.5% annually? Round your answer to the nearest cent.
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Valuation Workbook
Authors: Tim Koller, Marc Goedhart, David Wessels, Jeffrey P. Lessard, McKinsey & Company
4th Edition
0471702161, 978-0471702160
