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9) You have an opportunity cost of 9% on your investments, and two alternatives to consider -- $5,000 today OR $15,000 five years from today.
9) You have an opportunity cost of 9% on your investments, and two alternatives to consider -- $5,000 today OR $15,000 five years from today. a) If you were to receive the amounts, which alternative would you prefer? Why? b) If you had to pay the amounts, which alternative would you prefer? Why
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