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Going behind-the-scene Given that most of you enrolling in this class are Finance-majors, it is IMPERATIVE to understand what the black box (aka the calculator)
- Going behind-the-scene Given that most of you enrolling in this class are Finance-majors, it is IMPERATIVE to understand what the black box (aka the calculator) does instead of just knowing how to input the variables. As such, explain in your own words what your TVM function is doing exactly using your knowledge of bonds and the time value of money to arrive to the price that it shows.
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