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Hi, I need some help with the below question (Related to Checkpoint 5.4) (Present-value comparison) You are offered $100,000 today or $320,000 in 15 years.
Hi,
I need some help with the below question
(Related to Checkpoint 5.4) (Present-value comparison) You are offered $100,000 today or $320,000 in 15 years. Assuming that you can earn 11 percent on your money, which should you choose? If you are offered $320,000 in 15 years and you can earn 11 percent on your money, what is the present value of $320,000 ? (Round to the nearest cent.)
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Fundamentals Of Multinational Finance
Authors: Michael Moffett
6th Global Edition
1292215216, 978-1292215211
