What is the present value of an investment that promises to pay you $1,000 in five years

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What is the present value of an investment that promises to pay you $1,000 in five years if you can earn 6 percent interest compounded annually?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Nov 24, 2014 08:54 AM

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What is the present value of an investment that promises to pay you $1,000 in five years

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