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The present value (P0) of any payment to be received n periods from now (Pn), if r is the interest rate, is P0 = Pn/
The present value (P0) of any payment to be received n periods from now (Pn), if r is the interest rate, is P0 = Pn/ (1 + r)n. true or false
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
