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Present Value calculation - TI BA II Plus Calculator
I'm studying for L1 in June and have the below questions
How do you calculate this on the BAII plus calculator. 2(1+g)^5=3. I.e. 2 by 1 plus g to the power of 5 is 3 - calculate g?
Also say if you have a bond that pays $100 pa for 20 years and the discount rate is 10% is there a fast way to calculate the PV? Or do you actually have to do the calculation out manually or would those type of questions be unlike to appear in the exam?
Thanks very much