21. Your brother has offered to give you either $15,000 today or $20,000 in 12 years. If...

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21. Your brother has offered to give you either $15,000 today or $20,000 in 12 years. If the interest rate is 8% per year, which option is preferable?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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