Question
What is the most you would be willing to pay for an investment that will pay you $377 in one year, $679 in two years,
What is the most you would be willing to pay for an investment that will pay you $377 in one year, $679 in two years, and $239 in three years, if your required rate of return for this type of investment is 12%?
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
