Question
an investor assumes her income will stay the approximately same over the next five years. If she carries higher personal debt levels in period one,
an investor assumes her income will stay the approximately same over the next five years. If she carries higher personal debt levels in period one, she will have
higher future consumption in period two
steady future consumption in period two
lower future consumption in period two
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
