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What is the correct answer? Suppose that you will receive annual payments of $18,500 for a period of 10 years. The first payment will be
What is the correct answer?
Suppose that you will receive annual payments of $18,500 for a period of 10 years. The first payment will be made 8 years from now. If the interest rate is 6%, what is the present value of this stream of payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 85,429.48
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
