Imprudential, Inc., has an unfunded pension liability of $757 million that must be paid in 20 y… Show more Imprudential, Inc., has an unfunded pension liability of $757 million that must be paid in 20 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 10 percent, what is the present value of this liability? • Show less