Question
An investment group is pitching an opportunity to you that says it will make a return of $400,000 in 4 years. If we assume a
An investment group is pitching an opportunity to you that says it will make a return of $400,000 in 4 years.
If we assume a discount rate (same concept as interest rate) of 10%, what is the Present Value of the investment?
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Investment Science
Authors: David G. Luenberger
1st International Edition
0195391063, 9780195391060
