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标题: Annuity Headache... [打印本页]

作者: sabre 时间: 2011-7-11 18:37 标题: Annuity Headache...

What is the present value of a stream of $4,000 payments received at the end of years 8 through 22 if the required return is 7% per year?

Ans: $22,687.81

For whatever reason, I can't get to this answer...any help on what I'm missing?

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