Question
What is the future value of a $1,000 annuity payment over five years if interest rates are 9 percent? Recalculate the future value at 8
What is the future value of a $1,000 annuity payment over five years if interest rates are 9 percent?
Recalculate the future value at 8 percent interest and again at 10 percent interest.
What at is the present value of a $800 annuity payment over six years of interest rates are 10 percent?
Recalculate the present value at 9 percent interest and again at 11 percent interest.
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
