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Hamad will receive AED 40,000 a year for the next 15 years as a result Present of a picture he has painted. If a discount
Hamad will receive AED 40,000 a year for the next 15 years as a result Present of a picture he has painted. If a discount rate of 10 percent is applied, should he be willing to sell out his future rights now for AED 350,000?
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