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Debts of $ 2 5 0 0 due three months from today and $ 2 5 0 0 due two years from today are to
Debts of $ due three months from today and $ due two years from today are to be settled by a single payment one year from today. If money is worth compounded quarterly, what is the size of the sigle equivalent payment?
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Foundations Of Financial Markets And Institutions
Authors: Frank J. Fabozzi, Franco Modigliani, Michael G. Ferri
2nd Edition
0136860567, 9780136860563
