Question
your firm needs to have $20,000,000 in 30 years (t=30) to pay future liabilities. How much money will the firm need to invest today (t=0)
your firm needs to have $20,000,000 in 30 years (t=30) to pay future liabilities. How much money will the firm need to invest today (t=0) to cover the future liablities? Assume that the firm can invest in projects that earn 7% per year on average
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
