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Ques. You have three options. What is the present value of each choices? a. You may receive $25,000 over 15 years with a rate of
Ques. You have three options. What is the present value of each choices?
a. You may receive $25,000 over 15 years with a rate of return of 6.1%.
b. You may receive $18,000 annuity due over 18 years with a rate of return of 6.1%.
c.You may receive $14,000 yearly forever with a rate of return of 6.1%.
d. What choice do you want and why?
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