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you are considering two lottery payment streams, choice A pays R2000 today and choice B pays R2800 at the end of five years. using a
you are considering two lottery payment streams, choice A pays R2000 today and choice B pays R2800 at the end of five years. using a discount rate of 5 per cent, based on present values, which would you choose? Using the same discount rate of 5 per cent, based on future values five years from now, which would you choose?( make your choices based purely on the time value of money).
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