An investment will pay you 87000 in five years assume the, Financial Management

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An investment will pay you 87000 in five years assume the

An investment will pay you $87,000 in five years. Assume the appropriate discount rate is 7.75 percent compounded daily.

What is the present value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.)

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Financial Management: An investment will pay you 87000 in five years assume the

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