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Rickos Rickos
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6 years ago
What is the present value of $150 received at the beginning of each year for 16 years? The first payment is received today. Use a discount rate of 9%, and round your answer to the nearest $10.
A) $1,360
B) $1,480
C) $1,250
D) $1,210
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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Rickos Author
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#2
6 years ago
I really needed your help, thank you! Smiling Face with Glasses
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