A series of positive future cash flows has a present value of 150 when the cash flows
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Question:
A series of positive future cash flows has a present value of €150 when the cash flows are discounted at a rate of 0,12% per annum compounded monthly. If we discount the same cashflows at 0,12% per annum compounded annually, then calculate the new present value.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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