Question
person can buy a lot for $155 000 cash outright or $60 000 down, $60 000 in 2 years, and $60 000 in 5 years.
person can buy a lot for $155 000 cash outright or $60 000 down, $60 000 in 2 years, and $60 000 in 5 years. Which option is better if money can be invested at j12 = 7.2%? j4 = 7.5% for the first 3 years and j4 = 4% for the next 2 years?
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
