Question
Need to understand what functions to use in excel and how to solve this problem. An investment is expected to yield $300 in three years,
Need to understand what functions to use in excel and how to solve this problem.
An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value of this investment if our opportunity rate is 5%?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
