Bill preston has signed a contract that will pay him 55000, Ask an Expert

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Bill Preston has signed a contract that will pay him $55,000 at the beginning of each year for the next 7 ?years, plus an additional $110,000 at the end of year 7.

If 12% is the appropriate discount? rate, what is the present value of this? contract?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92839105

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