Question
A debt of $10,000 is carrying interest at 2%/year compounded semi-annually and is due in 43 years. The market interest rates on such a debt
A debt of $10,000 is carrying interest at 2%/year compounded semi-annually and is due in 43 years. The market interest rates on such a debt are currently of 1.9%/year compounded monthly. Determine the present value of the debt.
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Handbook Of Alternative Assets
Authors: Mark J. P. Anson
2nd Edition
047198020X, 978-0471980209
