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it also says to Ignore interest & inflation Suppose that each of the five payments Sarah will receive over the next six years is $3,000.
it also says to Ignore interest & inflation
Suppose that each of the five payments Sarah will receive over the next six years is $3,000. Do you think she will be indifferent between a payment of $18,000 today and this stream of five payments? Explain brieflyStep by Step Solution
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