(PV single cash flow + annuities) Assuming that the interest rate is 5%, which of the following...

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(PV single cash flow + annuities) Assuming that the interest rate is 5%, which of the following is more valuable?

a. $5,000 today

b. $10,000 at the end of 5 years

c. $9,000 at the end of 4 years

d. $300 a year in perpetuity (meaning: forever), with the first payment at the end of this year

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Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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