Question
If you were offered $890,000 one year from today or $280,000 per year for five years with the first of these payments coming five years
If you were offered $890,000 one year from today or $280,000 per year for five years with the first of these payments coming five years from today, which has a higher value assuming you have a 10% opportunity cost?
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
