Delia has a choice between $30,000 in 50 years or $650 today. If long-term rates are 8

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Delia has a choice between $30,000 in 50 years or $650 today. If long-term rates are 8 percent, what should be her choice?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 15, 2018 07:56 AM

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Delia has a choice between $30,000 in 50 years or $650 today. If long-term rates are 8

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Foundations of Financial Management

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