Question
Can someone please help me with this finance assignment? Thank you. P5-28 (similar to) (Related to Checkpoint 5.4) (Present-value comparison) You are offered $80,000 today
Can someone please help me with this finance assignment? Thank you.
P5-28 (similar to) (Related to Checkpoint 5.4) (Present-value comparison) You are offered $80,000 today or $320,000 in 12 years. Assuming that you can earn 12 percent on your money, which should you choose? If you are offered $320,000 in 12 years and you can earn 12 percent on your money, what is the present value of $320,000? (Round to the nearest cent)
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
