Question
Consider the following infinite series --- $8 at t=0, alternate cash flows of $5 and $9 between t=1 and t=26, $6 between t=27 and t=46,
Consider the following infinite series --- $8 at t=0, alternate cash flows of $5 and $9 between t=1 and t=26, $6 between t=27 and t=46, $100 at t=47 and $50 from t=48 onwards.
| Time (year) : | 0 | 1 | 2 | 3 | 4 | ... | 25 | 26 | 27 | 28 | ... | 45 | 46 | 47 | 48 | 49 | |||
| CF : | $8 | $5 | $9 | $5 | $9 | ... | $5 | $9 | $6 | $6 | ... | $6 | $6 | $100 | $50 | $50 |
Given that the EAR is 5% and the E2YR is 10.25%, calculate the present value (at t=0) of this cash flow series
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Bitcoin Complete Guide To Bitcoin Understand Everything From Getting Started With Bitcoin Sending And Receiving Bitcoin To Mining Bitcoin
Authors: Mr Mark Gates
1st Edition
1974565491, 978-1974565498
