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Assume your friend Adam offers to pay you $5,000 in 5 years if you will let him borrow some money now. If you need a
Assume your friend Adam offers to pay you $5,000 in 5 years if you will let him borrow some money now. If you need a return of 9% on your money, how much will you give Adam now and have him repay you the $5,000 in 5 years
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
