Question
What is the value today of a money machine that will pay $1,791.00 every six months for 21.00 years? Assume the first payment is made
What is the value today of a money machine that will pay $1,791.00 every six months for 21.00 years? Assume the first payment is made six months from today and the interest rate is 10.00%. Currency: Round to: 2 decimal places.
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The Handbook Of Structured Finance
Authors: Arnaud De Servigny, Norbert Jobst
1st Edition
0071468641, 978-0071468640
