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What is the present value of the following cash flow stream using an interest rate of 9.5% p.a., but with daily compounding (assume 365 days
What is the present value of the following cash flow stream using an interest rate of 9.5% p.a., but with daily compounding (assume 365 days per year)? Year 0 1 2 3 4 Cash Flow $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 5 6 7 8 9
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