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You are to be paid $3,000 per quarter for the next 10 years. You want to sell this position, and you have the right
You are to be paid $3,000 per quarter for the next 10 years. You want to sell this position, and you have the right to transfer this obligation to another for cash today This investor requires a 9% return on their investment (the purchase of your payments). What is the dollar to be paid to you today in exchange for these future payments?
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To calculate the present value of a series of future payments we can use the formula ...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
