The present value of k payable after 2 years is 960 if the


The present value of K payable after 2 years is $960. If the force of interest is cut in half, the present value becomes $1200. What is the present value if the effective annual discount rate is cut in half?

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Econometrics: The present value of k payable after 2 years is 960 if the
Reference No:- TGS0581336

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