An investment will pay out $5500 at the end of each year for the next 8 years.

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An investment will pay out $5500 at the end of each year for the next 8 years. What is the investment worth today? Assume a 8% interest rate.

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt , Eugene F. Brigham

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Posted Date: Jul 10, 2019 02:16 AM

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An investment will pay out $5500 at the end of each year for the next 8 years.

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Corporate Finance A Focused Approach

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