Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You are offered a court settlement in the following terms: you will receive 7
equal payments of S643 each every year, with the first payment being
made 4 years from now. The current annual interest rate is 7% . Assume
yearly compounding. What is this settlement worth in
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