Question
An investment will pay $200 at the end the year, $250 at the end of the next year, $400 at the end of the third
An investment will pay $200 at the end the year, $250 at the end of the next year, $400 at the end of the third year, and $500 at the end of the 4th year. Other investments of equal risk earn 6%. How much is this investment worth today?
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
