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Peter Lynchpin wants to sell you an investment contract that pays equal $12,200 amounts at the end of each of the next 22 years. If
Peter Lynchpin wants to sell you an investment contract that pays equal $12,200 amounts at the end of each of the next 22 years. If you require an effective annual return of 7 percent on this investment, how much will you pay for the contract today
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
