lilcwgrl6008 lilcwgrl6008
  • 07-02-2018
  • Business
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The 2 year discount factor is .92. what is the present value of $1 to be received in year 2

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manandhanteja manandhanteja
  • 11-02-2018
FW = PW×(1+i)^n

where
PW = $1
i = 0.92
n = 2

FW = 3.6864 = $3.69
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