a 15 year constant cash flow of $1200 starts from today.
i. what is the present value if the ruling interest is 20%?
ii. what would be the present value if the cash flow were to start at the beginning of year 3?
i. what is the present value if the ruling interest is 20%?
ii. what would be the present value if the cash flow were to start at the beginning of year 3?