What is the present value of $1,000 per year, at a discount rate of 12 percent, if
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What is the present value of $1,000 per year, at a discount rate of 12 percent, if the first payment is received 8 years from now and the last payment is received 20 years from now?
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To calculate the present value of a series of future cash flows you can use the formula for the ...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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