For example, if a spot rate is 8%, would I find the present value of a 5 year cashflow by diving the future value by 1.08 to the power of five?
Or would I divide the 8% by 2 to get the semi-annual rate and put it to the power of 10 periods?
Submitted August 20, 2017 at 08:34PM by CT1721 http://ift.tt/2uWApjT
