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Payments of $2,350 due 18 months ago and $3,150 due in three years are to be replaced by an equivalent stream of payments consisting of
Payments of $2,350 due 18 months ago and $3,150 due in three years are to be replaced by an equivalent stream of payments consisting of $2,050 today and two equal payments due two and four years from now. If money can earn 9.75% compounded semiannually, what should be the amount of each of these two payments
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
