Question
A software developer writes apps for smart phones. The developer expects to earn the following cash flows for the next three months. Month1 Month2 Month3
A software developer writes apps for smart phones. The developer expects to earn the following cash flows for the next three months.
Month1 Month2 Month3 Cash flow $108.00 $180.00 $200.00
What is the present value of these cash flows if her discount rate is 12.00% APR with monthly compounding?
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Handbook Of Short Selling
Authors: Greg N. Gregoriou
1st Edition
0123877245, 978-0123877246
