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How much would you pay today for an asset that pays $1,000 per month, for 12 months, starting today if the interest rate is 5%
How much would you pay today for an asset that pays $1,000 per month, for 12 months, starting today if the interest rate is 5% APR (compounded monthly)?
| $11,681 |
| $11,915 |
| $11,495 |
| $11,730 |
| $11,964 |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
