What is the present value of the, Financial Management

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What is the present value of the

Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $385,000 due in 25 years. Toni Flanders, the company's CEO is scambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 7%, what is the present value of the liability?

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