Question
You have just accepted a 3-year contract assignment to work for a firm overseas. The contract stipulates that you will receive $50,000 today plus $125,000
You have just accepted a 3-year contract assignment to work for a firm overseas. The contract stipulates that you
will receive $50,000 today plus $125,000 at the end of the next 3 years. If you can earn 7.5% on your money, what is this contract worth to you today?
Please provide detailed steps
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
