Question
What is the present value of an offer of $15,000 one year from now if the opportunity cost of capital (discount rate) is 12% per
What is the present value of an offer of $15,000 one year from now if the opportunity cost of capital (discount rate) is 12% per year nominal annual rate compounded monthly?
I need to know how to do it in excel or at least the function?
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
