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Sharon Smith will receive $1.15 million in 30 years. The discount rate is 10%. As an alternative, she can receive $50,600 today. Which should
Sharon Smith will receive $1.15 million in 30 years. The discount rate is 10%. As an alternative, she can receive $50,600 today. Which should she choose? Use Appendix B .(Round "PV Factor" to 3 decimal places.) Use Appendix B for an approximate answer, but calculate your final answer using the formula and financial calculator methods. Multiple Choice $50,600 today. need more information. she should be indifferent. the $1.15 million dollars in 30 years.
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