What is the present value of an investment that will return to you $4500/year for 15 years,
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What is the present value of an investment that will return to you $4500/year for 15 years, but you will not get the first payment until 5 years from today. (Use i=7%)
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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