Question
On a contract, you have a choice of receiving $25,000 six years from now or $50,000 twelve years from now. At what implied compound annual
On a contract, you have a choice of receiving $25,000 six years from now or $50,000 twelve years from now. At what implied compound annual interest rate should you be indifferent between the two contracts?
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Valuing An Entrepreneurial Enterprise
Authors: David B. Audretsch, Albert N. Link
1st Edition
0199730377, 978-0199730377
