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What is the value today of receiving $1,651.00 per year forever? Assume the first payment is made 9.00 years from today and the discount rate
What is the value today of receiving $1,651.00 per year forever? Assume the first payment is made 9.00 years from today and the discount rate is 9.00%.
Answer format: Currency: Round to: 2 decimal places.
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
