f the stated interest rate is 10%, number of years is 8 , and market interest rate is 12% compounded semiannually, then the present value factor of the ordinary annually is?
f the stated interest rate is 10%, number of years is 8 , and market interest rate is 12% compounded semiannually, then the present value factor of the ordinary annually is?
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 8MC: Define the stated (quoted) or nominal rate INOM as well as the periodic rate IPER.
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If the stated interest rate is 10%, number of years is 8 , and market interest rate is 12% compounded semiannually, then the present value factor of the ordinary annually is?
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