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what is present value of combined debt? 100 You have 4 friends that each owe you money, shown in the table below. Assume the yield
what is present value of combined debt?
100 You have 4 friends that each owe you money, shown in the table below. Assume the yield to maturity for all four debts is 17.28%. I Friends Amount Owed Debt Due Kane Dillon R5910 Rihana Carter R9370 1 years Jordynne Wilson R7150 4 years Saleem al-Adel R7140 3 years 2 years Question 5 Calculate the present value of your combined debt from all four friends. A) 16395.58 B) 20623.37 C) 27532.2 D) 19179.73. E) 21035.84Step by Step Solution
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Free Dollar For College For Dummies
Authors: David Rosen, Caryn Mladen
1st Edition
0764554670, 978-0764554674
