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M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961 Exercise 15
Explain the basis for the present-value formula (Equation 4). Tell why each term looks the way it does. If the rate of discount is zero, how does the formula simplify
Explanation
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M&B3 3rd Edition by Dean Croushore
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