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what is the present value of a $1000 future amount recieved in 22 years if the appropriate discount rate is. 10.5% APR? this problem computes

what is the present value of a $1000 future amount recieved in 22 years if the appropriate discount rate is. 10.5% APR?

this problem computes the value of a 22 year, $1000 zero coupon bond, although it is phrased in time value of money language, rather than bond language)

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