If you require a 9 percent return on your investments, which would you prefer? a. $5,000 today

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If you require a 9 percent return on your investments, which would you prefer?
a. $5,000 today
b. $15,000 five years from today
c. $1,000 per year for 15 years

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 02:17 AM

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If you require a 9 percent return on your investments, which would you prefer? a. $5,000 today

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a Present value of 5000 today 5000 b Present value of 15000 ...View the full answer

Contemporary Financial Management

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