If the interest rate is 15%, what is the present value of a security that pays you
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If the interest rate is 15%, what is the present value of a security that pays you $1,100 next year, $1,250 the year after, and $1,347 the year after that?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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