If you hold a valid contract that will pay you $8,000 cash 10 years from now and

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If you hold a valid contract that will pay you $8,000 cash 10 years from now and the going rate of interest is 10 percent, what is its present value?

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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Question Posted: Feb 27, 2015 10:28 AM

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If you hold a valid contract that will pay you $8,000 cash 10 years from now and

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