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stranahan stranahan
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7 years ago
You have an annuity of equal annual end-of-the-year cash flows of $500 that begin two years from today and last for a total of ten cash flows. Using a discount rate of 4%, what are those cash flows worth in today's dollars?
A) $4,055.45
B) $4,380.24
C) $3,899.47
D) $5,000.00
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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BleedingDrBleedingDr
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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#3
4 years ago Edited: 4 years ago, Takouhi Viken Kozikojouki
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