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you know you will inherit $20,000 in 20 years. if you borrow $1,000 now and play to pay it off with the money you'll inherit,
you know you will inherit $20,000 in 20 years. if you borrow $1,000 now and play to pay it off with the money you'll inherit, what is the highest annual interest rate you can afford on the loan?
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
