Question
You plan to receive annual payments of $4,000 at the end of each year for ten years, at the end of each year. The first
You plan to receive annual payments of $4,000 at the end of each year for ten years, at the end of each year. The first payment will be received in year 3. What is the present value of these payments if the discount rate is 9 percent?
A.$25,670.63
B.$19,882.44
C.$23,551.04
D.$21,606.46
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
