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Company A offers P150,000 at t he end of 3 years plus P300,000 at the end 5 years. Company B offers P25,000 at the end
Company A offers P150,000 at t he end of 3 years plus P300,000 at the end 5 years. Company B offers P25,000 at the end of each quarter for the next 5 years. Assume that money is worth 8% compounded semi-annually. Which offer has a better market value? Use focal date at the start of the term.
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