A pension liability will require payment of $39,500,000, 31 years from now. If the discount rate is

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A pension liability will require payment of $39,500,000, 31 years from now. If the discount rate is 24%, how much should be invested today to ensure the liability is exactly met?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 07, 2024 11:51 PM

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A pension liability will require payment of $39,500,000, 31 years from now. If the discount rate is

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