53. Applying Time Value. You invest $1,000 today and expect to sell your investment for $2,000 in...

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53. Applying Time Value. You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. (LOI)

a. Is this a good deal if the discount rate is 6%?

b. What if the discount rate is 10%?

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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