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

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Changing Interest Rates. If the interest rate this year is 8 percent and the interest rate next year will be 10 percent, 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?

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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