You know you will receive $1,450 each month in Social Security payments in retirement. Assuming you will

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You know you will receive $1,450 each month in Social Security payments in retirement. Assuming you will get benefits for 30 years and a real interest rate of 3%.

What are those payments worth to you today?

What is your 'r' as you put it into your formula?

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Fundamentals of Corporate Finance

ISBN: 978-0078034640

7th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Posted Date: Apr 04, 2023 02:01 AM

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You know you will receive $1,450 each month in Social Security payments in retirement. Assuming you will

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To calculate the present value of the Social Security pay... View the full answer

Fundamentals of Corporate Finance

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