Question
You are considering an investment with a current price of $10,454.64 that will pay out $87,491.70 at some point in the future. If the prevailing
You are considering an investment with a current price of $10,454.64 that will pay out $87,491.70 at some point in the future. If the prevailing interest rate in the market is 14.2%, how long until this investment matures? You may round your answer to the nearest whole number.
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Credit Derivatives Handbook Global Perspectives Innovations And Market Drivers
Authors: Greg Gregoriou, Paul Ali
1st Edition
0071549528, 978-0071549523
