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You will receive an inheritance of $500,000 in 20 years on your 40th birthday. What is the value of the inheritance today if the discount
You will receive an inheritance of $500,000 in 20 years on your 40th birthday. What is the value of the inheritance today if the discount rate is 8%? Enter your answer as a number without the dollar ($) sign. Answer: Selina and Bruce are both considering investing in a project that costs $32,500 and is expected to generate cash inflows of $15,800 in Year 1 and $18,300 in Year 2. Selina has a required return of 7 percent but Bruce demands a return of 4 percent. Who, if either, should accept this project? O a. Selina, but not Bruce O b. Both Selina and Bruce O c. Bruce, but not Selina O d. Neither Selina nor Bruce e. Bruce, and possibly Selina, who will be neutral on this decision as his net present value will equal zero
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