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An investor has a series of four $ 20,000 payments expected to be realized at the end of each of evaluation years two, three, four, and five. Calculate the present value at time zero and the corresponding future values at the end of year 7. This analysis assumes that no payments are realized in periods zero, one, six or seven. Assume a nominal interested rate of 8 % compounded annually.

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Financial Management, Finance

Category:- Financial Management
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