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Suppose you are offered a security that will pay you $4,000 in five years. If you can earn 12 percent on an investment with similar
- Suppose you are offered a security that will pay you $4,000 in five years.
- If you can earn 12 percent on an investment with similar risk, how much is this security worth to you today?
- Should you purchase this security at a price of $2,300?
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
