Question
You sign a contract for annual payments of $25 each year for the next 10 years. You get a signing bonus of $50 and a
You sign a contract for annual payments of $25 each year for the next 10 years. You get a signing bonus of $50 and a termination payment at the end of the contract of $75. What is the value of the contract today if the annual interest rate is 8%?
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
