Question
Company signed a parking contract with the firm Get Rich Quick to receive: $100,000/year for the first 3 years $150,000/year for the next 5 years
Company signed a parking contract with the firm "Get Rich Quick" to receive:
$100,000/year for the first 3 years
$150,000/year for the next 5 years
$200,000/year for the last 2 years
Company's opportunity cost is 8.0%/year.
What is the value of this contract to Company?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
