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Your opportunity cost of funds can be expressed as 6% per year, compounded quarterly. Assume that an internship pays $8000 per month (paid at end
Your opportunity cost of funds can be expressed as 6% per year, compounded quarterly. Assume that an internship pays $8000 per month (paid at end of month) What is the value today of the salary?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
