Question
You sold your car to a friend and will receive $4,600, $6,200 and $8,000 at the end of each of the next 3 years. If
You sold your car to a friend and will receive $4,600, $6,200 and $8,000 at the end of each of the next 3 years. If the market interest rate is 12.40%, how much would this payment stream be worth today?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
