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Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of ?$380,000 due in 27 years. In other? words, they will need ?$380,000 in 27 years. Toni? Flanders, the? company's CEO, is scrambling to discount the liability to the present to assist in valuing the? firm's stock. If the appropriate discount rate is 8 ?percent, what is the present value of the? liability?
If the appropriate discount rate is 8 ?percent, the present value of the ?$380,000 liability due in 27 years is ? (Round to the nearest? cent.)
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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