Question
You have the option of either receiving (a) $285,000 per year starting today for ten years or (b) you can receive $690,000 four years from
You have the option of either receiving (a) $285,000 per year starting today for ten years or (b) you can receive $690,000 four years from today, $1,095,000 six years from today and $1,500,000 eight years from today? Your opportunity cost is 10% (compounded semi-annually). Which is better?
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
