Question: the liability has just realized an accounting error that has resulted in an unfunded liability of $385,000 due in 30 years. In other words, they

 the liability has just realized an accounting error that has resulted

the liability has just realized an accounting error that has resulted in an unfunded liability of $385,000 due in 30 years. In other words, they will need $385,000 in 30 years. Toni Flanders, the (Related to Checkpoint 5.4) (Present value) Ronen Consulting ( company's CEO, is scrambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 8 percent, what is the present value of the liability? 5385,00 liablity due in 30 years is s (Round to the nearest cent Round to the nearest cent.) If the appropriate discount rate is 8 percent, the present value of the $385,000 liability due in 30 years is $

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