What is the present value of liability for imprudential inc

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Problem 1: Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 10.5 percent, what is the present value of this liability?

Reference no: EM132932202

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