You are going to receive $205,000 in 18 years. What is the difference in present value between
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You are going to receive $205,000 in 18 years. What is the difference in present value between using a discount rate of 12 percent versus 9 percent?
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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9 Rate 12 Rate The Difference 4345812 2665812 1680060 PV FV x 1 1i 1 ...View the full answer
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MOHD MUSTAQEEM
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Related Book For 
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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