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What is the value today of a money machine that will pay $3,375.00 per year for 26.00 years? Assume the first payment is made one
What is the value today of a money machine that will pay $3,375.00 per year for 26.00 years? Assume the first payment is made one year from today and the interest rate is 9.00%.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
