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You can receive $500000 10 years from now. You can earn 7% on your money with continuous compounding. What amount would you be willing to
You can receive $500000 10 years from now. You can earn 7% on your money with continuous compounding. What amount would you be willing to sell this future cash flow stream for today?
a.
$441239.86
b.
$281112.85
c.
$39019.12
d.
$248292.65
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