Question
NO EXCEL SOLUTION. BY using concept of FM 2. Nancy deposits 1000 into a fund for 15 years. The fund pays interest at the end
NO EXCEL SOLUTION. BY using concept of FM
2. Nancy deposits 1000 into a fund for 15 years. The fund pays interest at the end of each 6-month period at a nominal rate of interest convertible semiannually . The interest payments are reinvested in a separate fund earning interest at nominal rate of 8% convertible semiannually. The total value of the original investment is 2682.55. Calculate i^(2)
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
