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A firm has a contract to sell a product for $150,000 three years from now. Right now the product costs $102,000. What will be the
| A firm has a contract to sell a product for $150,000 three years from now. Right now the product costs $102,000. What will be the profit, or loss, for the firm given a relevant discount rate of 11% per year? |
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Financial Analysts Indispensable Pocket Guide
Authors: Ram Ramesh
1st Edition
0071361561, 978-0071361569
