Question
A company was offered two contracts. One is a $15 million contract providing $3 million a year for 5 years. The other contract has $14
A company was offered two contracts. One is a $15 million contract providing $3 million a year for 5 years. The other contract has $14 million which provides $4 million now and $2 million a year for 5 years.
Which investment would you select?
How did inflation impact your decision?
Why did you make these assumptions about inflation?
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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