Читать книгу Fundamentals of Financial Instruments - Sunil K. Parameswaran - Страница 100

Kapital Markets is offering an instrument that will pay $25,000 after four years in return for an initial investment of $12,500. Alfred is a potential investor, who requires a rate of return of 12% per annum. The issue is, is the offer attractive from his perspective? There are three ways of approaching this problem.