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Nente company June 2012 Question

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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September 5, 2017 at 4:26 pm #405694
parisnaaa
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Hi John, why $1180 not discounted by 11% rate for four years?
September 6, 2017 at 9:31 am #405924
John Moffat
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You have asked this before and I have answered you.
It is discounted as a perpetuity. The 4 years mentioned is referring to the previous 4 year – not to the future.
https://opentuition.com/topic/nente-co-june-2012-5/
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