Imprudential, Incorporated, has an unfunded pension liability of $ 5 8 5 million that must be paid
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Question:
Imprudential, Incorporated, has an unfunded pension liability of $ million that must be paid in years. To assess the value of the firms stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is percent, what is the present value of this liability? Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to decimal places, eg
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