Question
Homework Question : Your grandfather left an inheritance for you of $100,000. However you can only drawdown on the investment as follows: Years 1 3$15,000
Homework Question :
Your grandfather left an inheritance for you of $100,000. However you can only drawdown on the investment as follows:
Years 1 3$15,000 each year
What is the present worth of this inheritance?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
