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Assume an individual makes a lump sum investment at the beginning of year one of $11,650, the present value of which is $11,650. The investor's
Assume an individual makes a lump sum investment at the beginning of year one of $11,650, the present value of which is $11,650. The investor's discount rate, for an alternative safe investment, is 10...
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
