Question
My friend has a business opportunity available to him. He says that if I invest with him, I will receive $1600 a month for five
My friend has a business opportunity available to him. He says that if I invest with him, I will receive $1600 a month for five years from the investment. I believe that for such a risky investment I need to get at least a 16% return. How much is the most I should be willing to give him (PV)?
If the investment is expected to last forever, how much is the most I should give him (PV)?
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
