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2 1 pts Imagine that you have a bike worth $500 and you are considering selling it. You have two potential buyers: Buyer A offers
2 1 pts Imagine that you have a bike worth $500 and you are considering selling it. You have two potential buyers: Buyer A offers to pay you $180 today, another $180 a year from now, and a final $180 two years from now, for a total of $540. Buyer B offers to pay you $340 today, another $110 a year from now, and a final $60 two years from now, for a total of $510. Assume your cost of capital is 12%. To which potential buyer will you sell your $500 bike? Buyer B ONeither A or B There is not enough information to answer this question Buyer A
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