Question
An investment pays $1000 every two years (first payment being at t=2). The payment on t=10 will not be paid, but all other payments are
An investment pays $1000 every two years (first payment being at t=2). The payment on t=10 will not be paid, but all other payments are scheduled to be paid as planned. If the annual discount rate is assumed to be at 10%, what is your estimate of the present value of the investment?
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Marketing For Financial Advisors
Authors: Eric Bradlow, Keith Niedermeier, Patti Williams
1st Edition
0071605142, 978-0071605144
