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Question 7 An investment opportunity requires a payment of $892 for 11 years, starting a year from today. If your required rate of return is
Question 7
An investment opportunity requires a payment of $892 for 11 years, starting a year from today. If your required rate of return is 9.8 per cent, what is the value of the investment today?
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Options Futures And Other Derivatives
Authors: John C. Hull
3rd Edition
0131864793, 9780306457555
