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d . Suppose instead that Dan will get his inheritance as a stream of annual payments, A t , over the next ten years, instead
d Suppose instead that Dan will get his inheritance as a stream of annual payments, over the next ten years, instead of a lump sum of today time For Dan to be indifferent between today and the stream of payments over the next ten years, what must be true?
d Suppose instead that Dan will get his inheritance as a stream of annual payments, over the next ten years, instead of a lump sum of today time For Dan to be indifferent between today and the stream of payments over the next ten years, what must be true?
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