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Given a 10% annual interest rate. Which would you prefer to receive as a wedding present? a. A security paying $500 every year, forever. b.A
Given a 10% annual interest rate. Which would you prefer to receive as a wedding present? a. A security paying $500 every year, forever. b.A security paying $10,000 once, four years from today. How will your answer change if the annual rate is 5% instead? For both calculate the security present value
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