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What is the present value of: a. $7,900 in 10 years at 11 percent? b. $16,600 in 5 years at 9 percent? c. $26,000 in
What is the present value of:
a. $7,900 in 10 years at 11 percent?
b. $16,600 in 5 years at 9 percent?
c. $26,000 in 14 years at 6 percent?
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Solution a Given P 7900 R 11 T 10 Therefore P x Rx TO 10...
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
