Business, 09.07.2019 02:10 hanniahrnz12345

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? assume that payments come at the end of each year.

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Mary will receive $12,000 per year for the next 10 years as royalty for her work on a finance book....

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