Question
You currently receive $10,000 per year on a contract. You expect it to run another 7 years. Someone wants to buy the contract from you.
You currently receive $10,000 per year on a contract. You expect it to run another 7 years. Someone wants to buy the contract from you. If you can earn 12% on other investments of this quality, how much would you be willing to sell the contract for?
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
