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What is the discounted value of $1158.00 paid at the end of every year for 4 years if interest is 9% per annum compounded semi-annually?
What is the discounted value of $1158.00 paid at the end of every year for 4 years if interest is 9% per annum compounded semi-annually? The discounted value is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
