Show that the present value of an annuity paying X per period for T years when the

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Show that the present value of an annuity paying X per period for T years when the interest rate is r can be simplified as image text in transcribed

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Lectures On Corporate Finance

ISBN: 9789812568991

2nd Edition

Authors: Peter L Bossaerts, Bernt Arne Odegaard

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Question Posted: May 20, 2024 09:01 AM

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Show that the present value of an annuity paying X per period for T years when the

Question:

T X PV = (1+r) t=1 x= 1 1 r (1+r)T

Step by Step Answer:

We find the annuity formul...View the full answer

Lectures On Corporate Finance

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