Question
3-a. If the market rate is 8%, calculate the issue price.(FV of $1,PV of $1,FVA of $1, andPVA of $1)(Use appropriate factor(s) from the tables
| 3-a. | If the market rate is 8%, calculate the issue price.(FV of $1,PV of $1,FVA of $1, andPVA of $1)(Use appropriate factor(s) from the tables provided.Do not round interest rate factors.Round"Market interest rate" to 1 decimal place.) What is the issue price ? |
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
