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What is the maximum amount you should be willing to pay now in order to receive a uniform stream of N+2 payments of $U each
- What is the maximum amount you should be willing to pay now in order to receive a uniform stream of N+2 payments of $U each starting now at a discount rate r.
- How much extra should you be prepared to pay compared to what you would pay for #1 above in lieu of receiving N+3 payments of U each starting now.
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Economics
Authors: Roger A. Arnold
13th edition
1337617385, 1337617383, 9781337670647 , 978-1337617383
