Question: What is the present value (at t=0) for a stream of 28 quarterly cash flows of $800 each, starting exactly 2 years from now? The
What is the present value (at t=0) for a stream of 28 quarterly cash flows of $800 each, starting exactly 2 years from now? The APR is 12%, compounded semi-annually.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
