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What is the lump sum equivalent today of receiving $500 per year for the next five years (at the beginning of each year), at an
What is the lump sum equivalent today of receiving $500 per year for the next five years (at the beginning of each year), at an interest rate of 6% per annum?
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
