Suppose you are offered an annuity that begins at the end of three years from now....

Suppose you are offered an annuity that begins at the end of three years from now. The annuity will be for $10,000 per year for 10 years. If your discount rate for this investment is 15%, what is the present value of this opportunity?

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As nothing was mentioned excel is used. If you need with formula, let me know, will do that also. Thank you.

jeff jeffy answered 1 year ago

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