Question
What's the present value of $6,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $3,823.97
What's the present value of $6,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $3,823.97 b. $3,863.57 c. $3,850.37 d. $3,837.17 e. $3,876.77
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
