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Time value of money 1. Your finance professor makes you the following offer: he will give you $500 at the end of every six months
Time value of money
1. Your finance professor makes you the following offer: he will give you $500 at the end of every six months for the next five years if you agree to pay him back $500 every six months for the following 10 years.Should you accept this offer if opportunity cos is 18%, com pounded semiannualy
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