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What is the most that an investor would be willing to pay today for a $50,000 lump sum payout at the end of 6 years.
What is the most that an investor would be willing to pay today for a $50,000 lump sum payout at the end of 6 years. Assume that the investors required rate of return is 7.5%.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
