You just won a contest The prize is a lump sum payment of $65,127, however, you will not receive this payment for 26 years Compute the present value of your prize assuming a discount rate of 11 percent per annum Round your answer to 2 decimal places record your answer without commas and without a ...

Answer The present value of your prize is 4318 Heres how we can calculate it Disc ...

You just won a contest. The prize is a lump sum payment of $65,127, however, you...

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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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Posted Date: Apr 18, 2024 05:25 AM

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Principles Of Managerial Finance

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