Hi all, I am messing up the RI PV calculations. Does the time start from time 1 not 0? Any thoughts will be helpful. Thanks
Time 1 for multi-stage
Book value is t-1
There is no time 0?
Hi all, I am messing up the RI PV calculations. Does the time start from time 1 not 0? Any thoughts will be helpful. Thanks
Time 1 for multi-stage
Book value is t-1
There is no time 0?