Question
For all horizons, the real discount rate is 1.61% per year with annual compounding, and the inflation rate is 4.93% per year. Rounding to the
For all horizons, the real discount rate is 1.61% per year with annual compounding, and the inflation rate is 4.93% per year. Rounding to the nearest dollar, what is the PV of a nominal cash flow of $520,000 received three years from now?
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Banking Secrecy And Global Finance
Authors: Donato Masciandaro, Olga Balakina
1st Edition
1137400099, 978-1137400093
