calculate the present value of the following ordinary annuities. $400 per share for 10 years at 10%
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Question:
calculate the present value of the following ordinary annuities.
- $400 per share for 10 years at 10% rate
- $200 per year for 5 years at a rate of 5% compounded monthly
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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