You are expecting to get $3000 in five years (5 years from now). Assume interest rate is
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Question:
You are expecting to get $3000 in five years (5 years from now). Assume interest rate is 8% and quarterly compounding. (Answer format: keep the integer, 135.67 => 135)
1) What will be the value in year 2?
2) What will be the value in year 8?
Related Book For
Corporate Finance Theory And Practice In Emerging Economies
ISBN: 9781108486965
1st Edition
Authors: Sunil Mahajan
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