If the relevant annual rate of return is 85 percent what is, Financial Management

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If the relevant annual rate of return is 85 percent what is

A company has an unfunded pension liability of $900 million that must be paid in 20 years. To assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. If the relevant annual rate of return is 8.5 percent, what is the present value of this liability?

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Financial Management: If the relevant annual rate of return is 85 percent what is

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Financial Management: If the relevant annual rate of return is 85 percent what is

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