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An investor is considering an investment that will pay $ 2 , 1 6 0 at the end of each year for the next 1
An investor is considering an investment that will pay $ at the end of each year for the next years. He expects to earn a return of percent on his investment, compounded annually.
Required:
How much should he pay today for the investment?
How much should he pay if the investment returns are received at the beginning of each year?
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Financial Theory Perspectives From China
Authors: Xingyun Peng
1st Edition
1938134311, 1938134338, 9781938134319, 9781938134333
