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An investor has $4000 to invest in either a bond that matures in 4 years or a business that will produce a continuous stream
An investor has $4000 to invest in either a bond that matures in 4 years or a business that will produce a continuous stream of income over the next 4 years with rate of flow f(t) = 1000. If both the bond and the continuous stream earn 4%, compounded continuously, which is the better investment? What is the future value of the bond? (Round to the nearest dollar as needed.) www
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
