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What is the present value of $1,500 per year, at a discount rate of 7 percent, if the first payment is received 7 years
What is the present value of $1,500 per year, at a discount rate of 7 percent, if the first payment is received 7 years from now and the last payment is received 25 years from now?
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Fundamentals Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
0072553073, 9780072553079
