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You expect to receive $1,000 payments every year for 3 years followed by 3 additional payments of $4,000 in years 4, 5, and 6. What
You expect to receive $1,000 payments every year for 3 years followed by 3 additional payments of $4,000 in years 4, 5, and 6. What is the value of all these payments today if the interest rate is 5%
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Money And Capital Markets
Authors: Peter Rose, Milton Marquis
10th Edition
0077235800, 9780077235802
