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You own a building that a local business wants to rent for the next 10 years. The business owner has offered to either pay you
You own a building that a local business wants to rent for the next 10 years. The business owner has offered to either pay you (A) $50,000 in a lump sum today or (B) $8,500 at the end of each of next 10 years. If your required rate of return is 12%, which payment schedule should you accept?using TVM formulas in Excel.
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