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Business, 19.02.2020 01:26 khohenfeld0

Doris's Fashions has just signed a $2.2 million contract. The contract calls for a payment of $0.6 million today, $0.8 million one year from today, and $0.8 million two years from today. What is this contract worth today if the firm can earn 8.2 percent on its money

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Doris's Fashions has just signed a $2.2 million contract. The contract calls for a payment of $0.6 m...
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