Question
The present value of an annuity with payments of $2,000 at the end of each year for 10 years if the interest rate is 16%
The present value of an annuity with payments of $2,000 at the end of each year for 10 years if the interest rate is 16% p.a. compounding semi-annually, will be closest to?
How do we calculate
EAR to match perodicity?
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International Business The Challenges Of Globalization
Authors: John J. Wild, Kenneth L. Wild
9th Edition
0134729226, 978-0134729220
