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Question 1 4 pts As a winner of a local competition, you can choose one of the following prizes. If the annual interest rate
Question 1 4 pts As a winner of a local competition, you can choose one of the following prizes. If the annual interest rate is 12%, which prize is the most valuable? $170,000 at the end of 4 years $18,000 per year starting next year for 10 years $100,000 now $15,000 now, and $15,000 per year starting next year for 10 years
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Principles of Corporate Finance
Authors: Richard A. Brealey, Stewart C. Myers
7th edition
72869461, 72467665, 9780072467666, 978-0072869460
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