Question
A (yearly) cash flow stream is X = (-65, 21, 21, 21, 21, 21, 21). The spot rates (yearly in percentage) are s = (5.0,
A (yearly) cash flow stream is X = (-65, 21, 21, 21, 21, 21, 21). The spot rates (yearly in percentage) are s = (5.0, 5.3, 5.6, 5.8, 6.0, 6.1).
(a) Find the current discount factors dk.
(b) Use the discount factors to determine the (net) present value of the cash flow stream. (Keep your answer to 2 decimal places, e.g. xxx.12)
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Build An Online Retail System For Under $150
Authors: Roger Butterworth
1st Edition
1530170044, 978-1530170043
