Question
An investment offers the following cash flows: $461 today, $703 one year from now, $395 in 2 years, and $211 in 3 years. If the
An investment offers the following cash flows: $461 today, $703 one year from now, $395 in 2 years, and $211 in 3 years. If the relevant interest rate is 8% per year (an APR, with interest compounded annually), what is the value of the investment 3 years from today (immediately after the cash flow at "year 3" occurs)?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
4th Edition
9780132138079
