Question
An investment pays $2,000 every second year for 20 years (a total of 10 payments). Your opportunity cost is 8% compounded semi-annually. The present value
An investment pays $2,000 every second year for 20 years (a total of 10 payments). Your opportunity cost is 8% compounded semi-annually. The present value of this investment is
A) $9,322.00.
B) $9,666.46.
C) $13,323.85.
D) $19,636.29.
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
