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You have saved for retirement for many years. The accumulated value of your portfolio is now $1,250,000, all of it invested in the LONG
You have saved for retirement for many years. The accumulated value of your portfolio is now $1,250,000, all of it invested in the LONG TERM VISION FUND that yields 6.1%. If you make 20 annual equal withdrawals leaving a zero balance in the account after the last withdrawal, the amount of each withdrawal is This is PMT calculation. O 108,126 107,359 O 109,867 O 108,101 3
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Corporate Finance
Authors: Jonathan Berk and Peter DeMarzo
3rd edition
978-0132992473, 132992477, 978-0133097894
