=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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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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