What is the present value of a six - payment annuity of $ 6 , 8 0

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What is the present value of a six $-$ payment annuity of $ $6, 800$ per year that begins $10$ years from today if the annual discount rate is $4.40 % ?$

a $.$ $ $22, 876$

b $.$ $ $23, 882$

C $.$ $ $28, 912$

d $.$ $ $35, 187$

e $.$ $ $33, 704$

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Jan 31, 2024 01:29 AM

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What is the present value of a six - payment annuity of $ 6 , 8 0

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