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prudential, Inc., has an unfunded pension liability of $750 million that must be paid in 7 years. To assess the value of the firm's stock,

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prudential, Inc., has an unfunded pension liability of $750 million that must be paid in 7 years. To assess the value of the firm's stock, financial analysts want to discount this iability back to the present. If the relevant discount rate is 10.0 percent, what is the present value of this liability

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