2. The cash flows have a present value of 0. Compute the value of n, assuming a 10% interest rate compounded annually? Year 0 2 -- n-2 n-1 n n Cash Flow Amount 0 1 1 1 -35.95
2. The cash flows have a present value of 0. Compute the value of n, assuming a 10% interest rate compounded annually? Year 0 2 -- n-2 n-1 n n Cash Flow Amount 0 1 1 1 -35.95
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:2. The cash flows have a present value of 0. Compute the value of n, assuming a
10% interest rate compounded annually?
Cash Flow Amount
0
1
1
Year
0
1
2
-
n-2
n-1
n
n
1
-35.95
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