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Assuming the same interest rate, which has the greater present value: i) an asset that generates a certain amount of revenue at the beginning of
Assuming the same interest rate, which has the greater present value: i) an asset that generates a certain amount of revenue at the beginning of every year for 5 years or ii) an asset that generates a certain amount of revenue at the end of every year for 5 years ? Why? (Please show examples for both )
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