Question
Will is set to receive payments of $400 per year forever, beginning 1 year from now. If the stated annual interest rate is 20%, compounded
Will is set to receive payments of $400 per year forever, beginning 1 year from now. If the stated annual interest rate is 20%, compounded monthly, what is the present value of this cash flow?
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
