(1) using the PV of an ordinary annuity formula calculate the present value of the annuity at...
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Question:
(1) using the PV of an ordinary annuity formula calculate the present value of the annuity at _____
(2) then discount back the answer found in part 1 to time zero by calculating the present value of this amount using single cash flow PV formula PV=FV/(1+i)^n
Select one:
a.
the end of year 10
b.
the end of year 9
c.
the start of year 9
d.
the end of year 8
Related Book For
Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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