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What is the present value of $1,200 to be received 11 years from now assuming a discount rate of 8.1% during the first 5 years,
What is the present value of $1,200 to be received 11 years from now assuming a discount rate of 8.1% during the first 5 years, and a discount rate of 3.4% for the remainder of the period?
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
