What is the present value of your
You have just won the lottery and will receive $460,000 in one year. You will receive payments for 24 years, which will increase 4 percent per year. The appropriate discount rate is 10 percent.
What is the present value of your winnings?
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you have just won the lottery and will receive 460000 in one year you will receive payments for 24 years which will
kiss the sky enterprises has bonds on the market making annual payments with 10 years to maturity and selling for 850
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