Question
What is the value today of receiving $1,958.00 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 $1,958.00 per year forever? Assume the first payment is made 9.00 years from today and the discount rate is 5.00%.
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Answer format: Currency: Round to: 2 decimal places.
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Finance For Non Financial Managers
Authors: Pierre Bergeron
6th Edition
0176501630, 9780176501631
