Question
If you invest in a bond with maturity of 5 years and this bond pay you JD 100 on the last day of every week
If you invest in a bond with maturity of 5 years and this bond pay you JD 100 on the last day of every week (m=52) knowing that the annual interest rate on your investment is 10 percent. How much your investment worth today?
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Fundamentals Of Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
2nd Edition
0324406363, 978-0324406368
