What is the current value of the, Financial Management

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What is the current value of the

A 20-year annuity of forty $7,000 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now.

If the discount rate is 13 percent compounded monthly, what is the value of this annuity 5 years from now?

What is the current value of the annuity?

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Financial Management: What is the current value of the

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