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(Answer format: keep the integer, 135.67=>135 ) There are two financial products. A will offer $100,000 in five years. B will offer $1,500 every month
(Answer format: keep the integer, 135.67=>135 ) There are two financial products. A will offer $100,000 in five years. B will offer $1,500 every month from now for five years. Assuming monthly compounding and your required return is 10%. What is the present value of product A? What is the present value of product B ? Which product is more valuable today, A or B
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