COS) by taking the expected future cash flows and discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Models like these may appear beyond ...

Note: This only works when \(x\) is measured in radians. We are now going to look at more complex trigonometric functions where we will use the general rule: \(\int {\cos (ax + b)dx = \frac{1} ...