Question
At a nominal rate of interesti(m), convertible semiannually, the present value of a series of payments of 1 at the end of every two years,
At a nominal rate of interesti(m), convertible semiannually, the present value of a series of payments of 1 at the end of every two years, forever, is 5.89. Calculatei(m)
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
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