Suppose payments will be made for 6 1 / 2 years at the end of each semiannual
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Suppose payments will be made for years at the end of each semiannual period iss an ordinary annuity earning interest at the rate of year compounded semiannually. If the present value of the anauity is $ what should be the size of each payment?
Related Book For
Fundamentals Of Financial Management
ISBN: 9781111795207
11th Edition
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
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