Question
You inherited an oil well that will pay you $32,000 per year for 20 years, with the first payment being made today. If you think
You inherited an oil well that will pay you $32,000 per year for 20 years, with the first payment being made today. If you think a fair return on the well is 8.25%, how much should you ask for it if you decide to sell it?
N = I/YR = PV = PMT = FV =
? =
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
