Question
You will receive a $120,000 inheritance in 10 years. You could invest that money today at 9% compounded semi-annually. What is the present value of
You will receive a $120,000 inheritance in 10 years. You could invest that money today at 9% compounded semi-annually. What is the present value of your inheritance?
What is the present value of your inheritance?
$_____(Round to the nearest cent.)
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Introductory Econometrics For Finance
Authors: Chris Brooks
2nd Edition
052169468X, 9780521694681
