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1. Why is the price of any asset equivalent to its present value? Explain 2.What are the main explanations to reveal that time matters regarding
1. Why is the price of any asset equivalent to its present value? Explain
2.What are the main explanations to reveal that time matters regarding the value of money?
3. Suppose company A has all its operation in Chilean pesos. It needs to finance a new building to continue growing. To carry out this, the company issues a a bond in US dollars. Why might this bond be risky for the company that buys it?
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