Question
Suppose we are given the following discount factor v(k) = 2^(k) (1 k/6 ), k = 0, 1, 2, , 5. If suppose we are
Suppose we are given the following discount factor
v(k) = 2^(k) (1 k/6 ), k = 0, 1, 2, , 5.
If suppose we are scheduled to pay 1 at t = 0, 4 at t = 2, and 3 at t = 3 and to receive 2 at t = 1, 3 at t = 4, and 5 at t = 5, what is the present value of this cashflow at t = 3?
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Real Estate Finance
Authors: John P. Wiedemer
8th Edition
0324142900, 9780324142907
