Question
What is the present value of the following set of cash flows, discounted at 15.3% per year? Year 1 2 3 4 CF $97 $97
What is the present value of the following set of cash flows, discounted at 15.3% per year?
| Year | 1 | 2 | 3 | 4 |
| CF | $97 | $97 | $193 | $193 |
The present value of the cash flow stream is $.......
(Round to the nearest cent.)
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The Oxford Handbook Of Credit Derivatives
Authors: Alexander Lipton, Andrew Rennie
1st Edition
0199546789, 978-0199546787
