15 What is the present value of a payment of $11 000 to be received in four...
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15 What is the present value of a payment of $11 000 to be received in four years if the discount rate is:
a 8%, assuming semi-annual discounting?
b 8%, assuming monthly discounting?
c 11%, assuming semi-annual discounting?
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Related Book For
Fundamentals Of Finance
ISBN: 9780994132529
4th Edition
Authors: Andrea Bennett, Jenny Parry, Carolyn Wirth
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