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What is the present value of $3,325 per year, at a discount rate of 8 percent, if the first payment is received 7 years from
What is the present value of $3,325 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 22 years from now?
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Multinational Finance
Authors: Kirt C. Butler
4th Edition
1405181184, 978-1405181181
