Question
What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 8.5% annually ?
What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 8.5% annually ?"
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
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