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If we are scheduled to receive a certain sum of money five years from now but wish to sell our contract for its present value,
- If we are scheduled to receive a certain sum of money five years from now but wish to sell our contract for its present value, which type of compounding would we prefer to be used in the calculation? Why?
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
