=11/You are only prepared to forego immediate spending if you get a 9% return on your investment.
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=11/You are only prepared to forego immediate spending if you get a 9% return on your investment. What would be the top price you would be prepared to pay for a security today that would pay you 121 in two years? If other investors were asking for 8%, what would happen?
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Related Book For
Corporate Finance Theory And Practice
ISBN: 9781118849330
4th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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