Find out the present value of liability


Problem:

Imprudential, Inc., has an unfunded pension liability of $764 million that must be paid in 10 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present.

Required:

Question: If the relevant discount rate is 6 percent, what is the present value of this liability?

Note: Please show basic calculation

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Accounting Basics: Find out the present value of liability
Reference No:- TGS0885273

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