Imprudential inc has an unfunded pension liability of 565
Question # 00767834
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Updated on: 06/26/2020 08:41 AM Due on: 07/01/2020
Imprudential, Inc. has an unfunded pension liability of $565 million that must be paid in 15 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 5.8 percent, what is the present value of this liability?
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Rating:
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