Question
if over the next 12 years you would save $40,000 a year by buying a more efficient machine, what is the maximum price you would
if over the next 12 years you would save $40,000 a year by buying a more efficient machine, what is the maximum price you would be willing to pay today for a new, installed machine assuming a 6% interest rate and ignore taxes?
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Financial Mathematics Derivatives And Structured Products
Authors: Chan
1st Edition
9811336954, 978-9811336959
