24. You are thinking of retiring. Your retirement plan will pay you either $320,000 imme- diately on
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24. You are thinking of retiring. Your retirement plan will pay you either $320,000 imme- diately on retirement or $530,000 ten years after the date of your retirement. Which alternative should you choose if the interest rate is
a. 0% per year?
b. 20% per year?
c. 8% per year?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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