You will receive a $110,000 inheritance in 10 years. You could invest that money today at 11%

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You will receive a $110,000 inheritance in 10 years. You could invest that money today at 11% compounded semi-annually.

What is the present value of your inheritance?

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Apr 26, 2023 05:04 AM

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You will receive a $110,000 inheritance in 10 years. You could invest that money today at 11%

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Principles of Finance

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