Question
you have just won lottery of 40,000,000.your winnings will be paid to you in 26 equal installments with the first payement made immediately .if the
you have just won lottery of 40,000,000.your winnings will be paid to you in 26 equal installments with the first payement made immediately .if the annual discount rate is 8% what is the present value of the stream of payments you will receive?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
