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#tvm
Question
In practice with investments, analysts frequently need to find present values indexed at [...]
Answer
times other than t = 0.

Tags
#tvm
Question
In practice with investments, analysts frequently need to find present values indexed at [...]
Answer
?

Tags
#tvm
Question
In practice with investments, analysts frequently need to find present values indexed at [...]
Answer
times other than t = 0.
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6.3. Present Values Indexed at Times Other than t = 0
In practice with investments, analysts frequently need to find present values indexed at times other than t = 0. Subscripting the present value and evaluating a perpetuity beginning with $100 payments in Year 2, we find PV 1 = $100/0.05 = $2,000 at a 5 percent discount rate. Further, we can calcu

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