Question
1. What is the Present Value of $ 1 million received in 20 years, if the annual percentage rate is 7% per year, and continuous
1. What is the Present Value of $ 1 million received in 20 years, if the annual percentage rate is 7% per year, and continuous compounding is used?
2. What is the price of a 8%, 10 year annual bond that if yield to maturity is 8%, continuously compounded?
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Fundamentals Of Health Care Financial Management
Authors: Steven Berger
4th Edition
1118801687, 978-1118801680
