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Your aunt offers you a choice of $60,000 in 40 years or $850 today. If money is discounted at 11 percent, which should you choose?
Your aunt offers you a choice of $60,000 in 40 years or $850 today. If money is discounted at 11 percent, which should you choose?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
