Question
What is the value today of a money machine that will pay $1,192.00 every six months for 30.00 years? Assume the first payment is
What is the value today of a money machine that will pay $1,192.00 every six months for 30.00 years? Assume the first payment is made six months from today and the interest rate is 9.00%. Submit Answer format: Currency: Round to: 2 decimal places.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
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