You expect to receive $5,000 in five years. What is the present value of this future receipt

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You expect to receive $5,000 in five years. What is the present value of this future receipt at the continuously discounted rate of 12 percent?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 02:18 AM

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You expect to receive $5,000 in five years. What is the present value of this future receipt

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Future value 5000 ...View the full answer

Contemporary Financial Management

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