Question
What is the value today of a money machine that will pay $1,621.00 every six months for 20.00 years? Assume the first payment is made
What is the value today of a money machine that will pay $1,621.00 every six months for 20.00 years? Assume the first payment is made six months from today and the interest rate is 5.00%. Answer format: Currency: Round to: 2 decimal places.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
