Present value with multiple cash flows: Jeremy borrowed from his friend a certain amt. & promised to
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Present value with multiple cash flows: Jeremy borrowed from his friend a certain amt. & promised to repay the amt of $1,225, $1,350, $2,500$1, 600 & $1,600 over the next 5 yrs. If the friend normally Disc. Investments @8%annually how much did Jeremy borrow.
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Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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