An investment that you are considering promises to pay 1,000 semiannually for the next two years, beginning
Fantastic news! We've Found the answer you've been seeking!
Question:
An investment that you are considering promises to pay 1,000 semiannually for the next two years, beginning six months from now. you have determined that the appropriate opportunity cost (discount) rate is 8 percent, compounded quarterly. What is the value of this investment? I need to know answer using the EFFECT and PV function in excel
Related Book For
Project Management A Managerial Approach
ISBN: 978-0470226216
7th Edition
Authors: Jack R. Meredith, Samuel J. Mantel,
Posted Date: