Question: 2. You will inherit $5,000,000 in 9 years, if it is discounted at 11% annually, what is it worth today? I 3. You just

2. You will inherit $5,000,000 in 9 years, if it is discounted

2. You will inherit $5,000,000 in 9 years, if it is discounted at 11% annually, what is it worth today? I 3. You just inherited a preferred stock, if the annual dividend payments are $500, and your required rate of return is 8%, what is it worth today? GROCO

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