16 What is the present value of a payment of $12 000 to be received: a in...

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16 What is the present value of a payment of $12 000 to be received:

a in three years?

b in ten years, if the discount rate is 7%, and assuming semiannual discounting?

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Fundamentals Of Finance

ISBN: 9780994132529

4th Edition

Authors: Andrea Bennett, Jenny Parry, Carolyn Wirth

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