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A University is offered the choice of how to receive a valuable gift. The donation is either a gift of $100,000 immediately, or $30,000 for
A University is offered the choice of how to receive a valuable gift. The donation is either a gift of $100,000 immediately, or $30,000 for each of the next 4 years beginninga year from now.Assume there is no inflation and a discount rate of 5%, how would you advice the university? What if the discount rate was 10%?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
