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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
النسخة 4الرقم المعياري الدولي: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
النسخة 4الرقم المعياري الدولي: 978-0133859997 تمرين 2
A lottery claims its grand prize is $10 million, payable over 5 years at $2,000,000 per year. If the first payment is made immediately, what is this grand prize really worth? Use an interest rate of 6%.
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To find the present value of a stream of...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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