Question
The question What is the current value of an amount of cash that will be received at a specific time in the future? is best
The question "What is the current value of an amount of cash that will be received at a specific time in the future?" is best answered by which form of the TVM equation? PV = ln(fv/Pv) / ln(1 +r) PV = fv / (1+r)^n PV = (FV/PV)1/n - 1 PV = PV (1 + r)n
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
