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1.if Joe will receive $32,250 for the next 10 years as a payment for something. Currently a 6 percent discount rate is appropriate. a.Should he
1.if Joe will receive $32,250 for the next 10 years as a payment for something. Currently a 6 percent discount rate is appropriate.
a.Should he be willing to sell his future rights now for $240,000?
b.Should he be willing to sell his future rights now for $240,000, if payments will be made at the beginning of the year?
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