Question
If you are offered a unique financial instrument which pays you $125,000 every other year over a twelve year period (with the first payment being
If you are offered a unique financial instrument which pays you $125,000 every other year over a twelve year period (with the first payment being two years from today) and demand a 9% return, what is the present value? How would you enter this on a financial calculator?
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Introduction To Institutions Management And Investments
Authors: Herbert Mayo
10th International Edition
1111820643, 9781111820640
