A contract requires payments of $1500, $2000, and $1000 in 100, 150, and 200 days,...
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Accounting
A contract requires payments of $1500, $2000, and $1000 in 100, 150, and 200 days, respectively, from today. What is the value of the contract today if the payments are discounted to yield a 10.5% rate of return? (Do not round the intermediate calculations. Round your answer to the nearest cont.) Value of the contract $42681160
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