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solina solina
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7 years ago
What is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment will be received today, and the discount rate is 10% (round to nearest $10).
A) $120
B) $130
C) $100
D) $110
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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7 years ago
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solina Author
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7 years ago
You make an excellent tutor!
mikeh209
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this is exactly what I needed
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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