At a town hall meeting, the ceo of a company spoke energetically about adopting cost-cutting measures due to the recent economic slump. however, a few days later, the employees found out that the ceo had gone on an exotic vacation using funds from the company. which of the following is true about this company?

Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 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 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89)