5. Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded quarterly on the last 6 years. Draw a cash flow diagram.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
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5. Find the present worth of a future payment of 100,000 to be made in 10 years with an
interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded
quarterly on the last 6 years. Draw a cash flow diagram.
Transcribed Image Text:5. Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded quarterly on the last 6 years. Draw a cash flow diagram.
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