PRESENT VALUE OF A SINGLE CASH FLOW Flashcards

1
Q

Given a future cash flow that is to be received in N periods and an interest rate per
period of r, we can use the formula for future value to solve directly for the present
value as follows

A

PV = FVN (1 + r)^N

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2
Q

(GIC)

A

Guaranteed Investment Contract

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3
Q
A
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