Question
A friend wants to borrow money from you. He states that he will pay you $4,300 every 6 months for 11 years with the first
A friend wants to borrow money from you. He states that he will pay you $4,300 every 6 months for 11 years with the first payment exactly 6 years and six months from today. The interest rate is 6.6 percent compounded semiannually. What is the value of the payments today?
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Option Volatility And Pricing Advanced Trading Strategies And Techniques
Authors: Sheldon Natenberg
2nd Edition
0071818774, 978-0071818773
