77. Changing Interest Rates. If the interest rate this year is 8% and the interest rate next...

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77. Changing Interest Rates. If the interest rate this year is 8% and the interest rate next year will be 10%, what is the future value of $1 after 2 years? What is the present value of a payment of $1 to be received in 2 years? (LO1, 2)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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