Question
If $12,000 is invested in a certain business at the start of the year, the investor will receive $3,600 at the end of each of
If $12,000 is invested in a certain business at the start of the year, the investor will receive $3,600at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 44% per year?
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Evolutionary Finance
Authors: Bartholomew Frederick Dowling
1st Edition
0230502199, 9780230502192
