Question
What is the most that you would pay your sister-in-law to invest with her if she has this new opportunity that promises you the following
What is the most that you would pay your sister-in-law to invest with her if she has this new opportunity that promises you the following cash flows and the current going interest in the market is 7%?
Year 1 = $4,000
Year 2 = $4,000
Year 3 = $4,200
Year 4 = $5,500
Year 5 = $6,000
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
