Question
What is the most you would be willing to pay for a investment that will pay you $168 in one year, $392, in two years,
What is the most you would be willing to pay for a investment that will pay you $168 in one year, $392, in two years, and $289 in three years, if your required rate of return for this type of investment is 14.00% ?
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
