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Business, 11.03.2020 23:29 lizbeth696

Imprudential, Inc. has an unfunded pension liability of $627 million that must be paid in 21 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. The relevant discount rate is 7.38 percent. What is the present value of this liability?

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Imprudential, Inc. has an unfunded pension liability of $627 million that must be paid in 21 years....
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