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CSL Ltd has debts of $45,000 due in two years' time and $230.000 due in seven years' time. Given aninterest rate of 6.12% p.a. compounding
CSL Ltd has debts of $45,000 due in two years' time and $230.000 due in seven years' time. Given aninterest rate of 6.12% p.a. compounding monthly.
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SOLUTION To find the single payment that would extinguish both obligations we need to find the prese...
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
