Question
In the Arundel Partners case, I used the binomial tree. To discount the hypothetical negative cost of sequel to Year 1, should I use annual
In the Arundel Partners case, I used the binomial tree. To discount the hypothetical negative cost of sequel to Year 1, should I use annual compounding or continuous compounding?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
