easy · CFA Level I quant
An analyst at Meridian Pack is calculating the present value of a future cash outflow.
If the future value (FV) is entered as 1,000, how must the present value (PV) appear in the BA II Plus to avoid an error?
- The sign does not matter as long as the interest rate is positive.
- It must be entered as a positive value so both signs match.
- It must be computed or entered as a negative value.
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