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or to receive 3 0 end - of - year payments of $ 5 . 6 million. a . If she thinks she can earn
or to receive endofyear payments of $ million.
a If she thinks she can earn percent annually, which should she choose?
b If she expects to earn annually, which is the best choice?
Select
c If she expects to earn annually, which option would you recommend?
Select
d Explain how interest rates influence her choice.
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