Question
How much would a business have to invest in a fund to receive $20,000 at the end of every month for 7 years? The fund
How much would a business have to invest in a fund to receive $20,000 at the end of every month for 7 years? The fund has an interest rate of 4.25% compounded monthly and the first withdrawal is to be made in 4 years and 1 month
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
