Question
You will receive a $ 100,000 inheritance in 8 years. You could invest that money today at 12 % compounded semi- annually. What is the
You will receive a $100,000 inheritance in 8 years. You could invest that money today at 12% compounded semi- annually. What is the present value of yourinheritance?
What is the present value of yourinheritance?
$(Round to the nearestcent.)
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
