Question
What is the NPV of a project that costs $1771 and pays $1653, $2427, and $2467 at years 1 to 3, respectively. The one-year forward
What is the NPV of a project that costs $1771 and pays $1653, $2427, and $2467 at years 1 to 3, respectively. The one-year forward rates (0 to 1, 1 to 2, and 2 to 3) are: 4.4%, 6.5% and 5.4%, respectively. Give your answer in dollars to the nearest penny.
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Financial Mathematics
Authors: Cacildo Marques
1st Edition
8741574710, 979-8741574713
