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Reading assignments reading 6 the time value of money by richard a defusco, cfa phd, dennis w mcleavey cfa, jerald e pinto, phd, cfa, and . Describe how the interest rate can be used to adjust the value of cash flows – both forward and backward – to a single point in time calculate both the future. Chapter 41 ® - time value of money, future values of compounding interest, part 42 - compounding interest homework problem & time value of money.
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