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Unformatted text preview: then the effective rate for cash flows received every 3 months to 24 months would be: Timing of Cash Flow Calculation Rate Every 3 Months (1.02) 1 1.0 2.00% Every 6 Months (1.02) 2 1.0 4.40% Every 9 Months (1.02) 3 1.0 6.12% Every 12 Months (1.02) 4 1.0 8.24% Every 15 Months (1.02) 5 1.0 10.41% Every 18 Months (1.02) 6 1.0 12.62% Every 21 Months (1.02) 7 1.0 14.87% Every 24 Months (1.02) 8 1.0 17.17%...
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This note was uploaded on 02/11/2011 for the course FIN 3403 taught by Professor Tapley during the Spring '06 term at University of Florida.
 Spring '06
 Tapley
 Finance

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