Question
You will receive a payment, which is 1.5 times the present value of this payment. If the discount rate is 7% every year, which year
You will receive a payment, which is 1.5 times the present value of this payment. If the discount rate is 7% every year, which year will you receive this payment?
A. 4 years
B. 5 years
C. 6 years
D. 7 years
E. none of the above
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Strategic Management and Competitive Advantage Concepts and Cases
Authors: Jay B. Barney, William Hesterly
5th edition
133129306, 0133127400, 9780133129304, 978-0133127409
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