Question
The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future
The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations.
If a security of $12,000 will be worth $14,292.19 three years in the future, assuming that no additional deposits or withdrawals are made, what is the implied interest rate the investor will earn on the security?
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Handbook Of Hedge Funds
Authors: François-Serge Lhabitant
1st Edition
0470026634, 978-0470026632
