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Write out the formula for the present value today of the following cash flows over the next 3 years: 10, 10, 110. Suppose you do
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- Write out the formula for the present value today of the following cash flows over the next 3 years: 10, 10, 110.
- Suppose you do a PV calculation where you solve for the discount rate and the PV comes out to 0. What is the discount rate referred to as?
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Principles Of Macroeconomics
Authors: Frank, Bernanke, Antonovics, Heffetz
3rd Edition
1259117162, 9781259117169
