Hi John, why $1180 not discounted by 11% rate for four years?
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Nente company June 2012 Question
8y ago#1You have asked this before and I have answered you.
It is discounted as a perpetuity. The 4 years mentioned is referring to the previous 4 year - not to the future.
https://opentuition.com/topic/nente-co-june-2012-5/
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