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Annualized interest rates are currently 1.5% over 1 year, 2.2% over 2 years and 3.0% over 3 years. An investment that costs $1000 today will
- Annualized interest rates are currently 1.5% over 1 year, 2.2% over 2 years and 3.0% over 3 years. An investment that costs $1000 today will yield positive cash flows of $300, $400, and $500 in the next three years, respectively. Compute the NPV of this investment.
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Public Finance
Authors: H L Bhatia
30th Edition
9390080258, 978-9390080250
