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Your uncle left you a trust that will pay you $26,000 per year for the next 21 years with the first payment received one year
Your uncle left you a trust that will pay you $26,000 per year for the next 21 years with the first payment received one year from today. If the appropriate interest rate is 5.9 percent, what is the value of the payments today
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
