What is the present value of this liability

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Assignment:

Unisuper has an unfunded superannuation liability of $196 million that must be paid in 25 years. To assess the value of Unisuper's stock, financial analysts want to discount this liability back to the present. If the market discount rate is 9.16 per cent, what is the present value of this liability? Enter the whole number (such as 12345) without a sign and symbol.

Reference no: EM133371360

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