Question
What's the present value of $2,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?
What's the present value of $2,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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