7. Present Values. Would you rather receive $1,000 a year for 10 years or $800 a year...

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7. Present Values. Would you rather receive $1,000 a year for 10 years or $800 a year for 15 years if

a. the interest rate is 5%? (LO3)

b. the interest rate is 20%? (LO3) Why do your answers to

(a) and

(b) differ?

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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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Question Posted: Jul 31, 2024 09:01 AM

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7. Present Values. Would you rather receive $1,000 a year for 10 years or $800 a year...

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Fundamentals Of Corporate Finance

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