Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What is the present value of $153,000 to be received in 14 years from today. Assume a per annum discount rate of 16%, compounded annually. (Round to nearest penny, e.g. 1234.56)
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