Mary will receive 12000 per year for the next 10 years as


Mary will receive $12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent?

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Financial Management: Mary will receive 12000 per year for the next 10 years as
Reference No:- TGS0984018

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