Question #: 19 What is the present value of an investment that pays $10,000 once every...
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Question #: 19 What is the present value of an investment that pays $10,000 once every year forever, if the first payment occurs six months from today and the annual discount rate is 12% compounded monthly? A. $78,848.79 B. $83,333.33 C. $83,699.58 D. $88,460.01 E. $88,848.79 Question #: 19 What is the present value of an investment that pays $10,000 once every year forever, if the first payment occurs six months from today and the annual discount rate is 12% compounded monthly? A. $78,848.79 B. $83,333.33 C. $83,699.58 D. $88,460.01 E. $88,848.79
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Answer C The present value of an investment that pays 10000 once every year forever if the first pay... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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