A=2000 for period 3 to 10, i=5% (compounded per period) find the present value of this uniform series at t=1 ( i. e  P1=? ) A)  12,926.4 B) 12,310.8 C) 11,942.6 D)  11,161.3 E)  11,716

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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A=2000 for period 3 to 10, i=5% (compounded per period) find the present value of this uniform series at t=1 ( i. e  P1=? )

A)  12,926.4

B) 12,310.8

C) 11,942.6

D)  11,161.3

E)  11,716.6

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