what is the FV of four semiannual payments given a int rate of 10% compounded quarterly. a) 430.11 b) 430.71 c) 431. 12 e) 431.41 There is nothing like this in the CFAI books, so I like this type of question
what is the size of the payments?
topher Wrote: ------------------------------------------------------- > what is the size of the payments? they said 100. I personally think this is a poorly worded question, it must be made up. Nothing like this appeared in the CFAI TVM problems and I did em all.