Present value. You have just bought an Andrew Luck rookie card. Assume you can jump in your
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Present value. You have just bought an Andrew Luck rookie card. Assume you can jump in your time machine and see that he will turn out to be the greatest quarterback to ever play the game. As such, that card will be worth
$5,000 in 50 years. Assuming the rate of interest is 6%, compounded annually, what is it really worth to you now?
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Related Book For
Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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