Pingtung Ltd. is considering an investment that will return a lump sum of NT $750,000 eight years

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Pingtung Ltd. is considering an investment that will return a lump sum of NT $750,000 eight years from now. What amount should Pingtung pay for this investment to earn a 5% return?

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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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