Question
Given an interest rate of 4%, what is the present value of a payment stream in years 1, 2 and 3 of $100, $300 and
Given an interest rate of 4%, what is the present value of a payment stream in years 1, 2 and 3 of $100, $300 and $500?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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