Question
7. Suppose that you are offered an investment that is expected to pay you $100 in 1 year, $300 in 2 years, $300 in 3
7. Suppose that you are offered an investment that is expected to pay you $100 in 1 year, $300 in 2 years, $300 in 3 years, and $50 in 4 years. Your opportunity cost is 10%. What is the maximum you would be willing to pay for this investment?
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
