Question
You can choose between the following rent payments a. a lump sum of cash payment of $100,000; b. 10 annual payments of $12,000 each, the
You can choose between the following rent payments
a. a lump sum of cash payment of $100,000;
b. 10 annual payments of $12,000 each, the first occurringimmediately.
c. 120 monthly payments of $1,200 each, the first occurringimmediately.
Which rental payment scheme would you choose if the interestrate is 6% per year?
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
