Question
An investment provides you with $100 one year from now, $200 in two and three years from now and $300 in four and five years
An investment provides you with $100 one year from now, $200 in two and three years from now and $300 in four and five years from now. The interest rate is 7%.
What is the value of these cash flows in year 5?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
