The Excel function PV(rate, number_periods, payment) calculates the present value of a constant payment. For example in

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The Excel function PV(rate, number_periods, payment) calculates the present value of a constant payment. For example in the spreadsheet example below,

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Use Data Table to graph the present value as a function of the discount rate, as illustrated below:

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Financial Modeling

ISBN: 9780262027281

4th Edition

Authors: Simon Benninga

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