Question
Sharon Smith will receive $1.02 million in 30 years. The discount rate is 12%. As an alternative, she can recieve $33,660 today. Which should she
Sharon Smith will receive $1.02 million in 30 years. The discount rate is 12%. As an alternative, she can recieve $33,660 today. Which should she choose? Use appendix b to calculate the answer.
a. need more information.
b. she should be indifferent.
c. the $1.02 million dollars in 30 years.
d. $33,660 today.
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
