Question
L) If I prefer $ 100,000 now instead of $ 110,000 in one more year, what is my minimum interest rate or discount rate, to
L) If I prefer $ 100,000 now instead of $ 110,000 in one more year, what is my minimum interest rate or discount rate, to calculate the Present Value?
E)Calculate the present value of $ 1,000,000 at the beginning of September 2030, assuming a real annual interest rate of 5 percent. Detail how you did the calculation.
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
