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Hello
In chapter 28 example 23 Calculation for debt and equity instrument.
You calculated interest income as per each yearly present value table.
But I calculated interest income as per 5 th year annuity present value table.
So I got different answer 605,760 instead of 605,897(as per your calculation).
Can you please suggest me which one is correct?
Thank you.Probably mine is more accurate – I use figures accurate to 6 decimal places!
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