Present Value
Discount Factor = DF = PV of $
Discount Factors can be used to compute the present value of
any cash flow.
DF
r t
=
1
( 1 )
barry
(Barry)
#1
Present Value
Discount Factor = DF = PV of $
Discount Factors can be used to compute the present value of
any cash flow.
r t
1
( 1 )