SHIVAM KHAITANAdvanced
TIME VALUE OF MONEY
AUD-20210712-WA0008(1) HEY I AM NOT ABLE TO UNDERSTAND THAT WHAT DOES THE PV I.E. PRESENT VALUE EXACTLY MEANS HERE . I AM ATTACHING A AUDIO DESCRIBING MY CONCERN
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Because the coupons that is interim cash flow will also be reinvested at market rate at the end of each quarter as and when u receive them.
You have to see the coupons and the face value are received at different points of time and can’t not be simply totalled.