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What is the present value of $1,700 per year, at a discount rate of 12 percent, if the first payment is received 7 years from
What is the present value of $1,700 per year, at a discount rate of 12 percent, if the first payment is received 7 years from now and the last payment is received 31 years from now?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
