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Assuming a 10% rate, which would you rather receive: $1,300 today or $3,000 to be paid at the end of 8 years? (Draw a timeline!!!)
Assuming a 10% rate, which would you rather receive: $1,300 today or $3,000 to be paid at the end of 8 years? (Draw a timeline!!!)
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
