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(Present-value comparison) You are offered 120,000 today or 340,000 in 10 years. Assuming that you can earn 16 percent on yourmoney, which should youchoose?
(Present-value comparison)You are offered 120,000 today or 340,000 in 10 years. Assuming that you can earn 16 percent on yourmoney, which should youchoose?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
