Question
An investment promises cash flows of $640 after one year, a $810 after two years, $710 after three years, and $770 after four years. If
An investment promises cash flows of $640 after one year, a $810 after two years, $710 after three years, and $770 after four years. If the annual interest rate is 6.00%, what is the current value of this investment?
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
