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all parts with explanations thx . Present value (with changing interest rates.) Marty has been offered an injury settlement of $10000 payable in 3 years.
all parts with explanations thx . Present value (with changing interest rates.) Marty has been offered an injury settlement of $10000 payable in 3 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 5%. ( The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 8% , what if it is 12% .?
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
