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- 2011-7-11
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- 2013-9-29
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One of the question I have encountered uses N=3 to discount present value of perpetuity when it is paid exactly four years from today. Just FYI, funds are available and deposited today and we are calculating present value to be deposited for the given rate and perpetuity amount. Shouldn't we be using 4 years to discount? |
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