Question
You expect to receive RM 3,000 at the end of the first and second year , RM 4,000 at the end of the third year
You expect to receive RM 3,000 at the end of the first and second year , RM 4,000 at the end of the third year and RM 5,000 at the end of the fourth year . How much is the present value of cash flows if the yearly interest rate is 12 percent per year ?
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
