Tramont CoPilot Paper

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August 16, 2018 at 1:13 pm #468110
shadyy
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Hi Moffat

_a.Can we work out the tax sheild in annuity for this question , it is converting back to dollars and therefore showing working for each year.
August 16, 2018 at 4:43 pm #468140
John Moffat
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No you can’t, because after converting the cash flows are no longer equal each year and therefore have to be discounted individually.
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