Gojo will receive Php 12,000 per year for the next 10 years as royalty for her work
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Question:
Gojo will receive Php 12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the interest rate is 12 percent?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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