Question: Rework the Flying High Hang Gliders, Inc., text example, assuming daily compounding instead of the simple interest stated in the text. (Hint: see footnotes 6

Rework the Flying High Hang Gliders, Inc., text example, assuming daily

Rework the Flying High Hang Gliders, Inc., text example, assuming daily compounding instead of the simple interest stated in the text. (Hint: see footnotes 6 and 9 in the text.) a. How does the 1-day value effect change? b. How does NPV change? c. Comment on the reason for the differences in your answers as compared to the simple interest solutions shown in the text. Rework the Flying High Hang Gliders, Inc., text example, assuming daily compounding instead of the simple interest stated in the text. (Hint: see footnotes 6 and 9 in the text.) a. How does the 1-day value effect change? b. How does NPV change? c. Comment on the reason for the differences in your answers as compared to the simple interest solutions shown in the text

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