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Which is worth more today: $975 cash in your hand today or $975 that will be received in 11 years if interest rates are 12%?
Which is worth more today: $975 cash in your hand today or $975 that will be received in 11 years if interest rates are 12%?
| Both are equally valuable as of today | ||
| The answer cannot be determined with the information provided. | ||
| $975 cash received in 11 years | ||
| $975 cash in your hand today |
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Project Finance In Theory And Practice Designing Structuring And Financing Private And Public Projects
Authors: Stefano Gatti
4th Edition
032398360X, 9780323983600
