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You want to endow a scholarship that will pay $10,000 per year forever, starting one year from now. If the school's endowment discount rate
You want to endow a scholarship that will pay $10,000 per year forever, starting one year from now. If the school's endowment discount rate is 7%, what amount must you donate to endow the scholarship? O The amount you must donate is $ (Round to the nearest cent.) Not attempted O
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Derivatives Markets
Authors: Rober L. Macdonald
4th edition
321543084, 978-0321543080
