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Your brother offers you $150,000 today for a claim to your future inheritance of $500,000, twenty years from today. If the discount rate is 10%,
Your brother offers you $150,000 today for a claim to your future inheritance of $500,000, twenty years from today. If the discount rate is 10%, should you accept his offer?
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Handbook Of Income Distribution Volume 2B
Authors: Anthony B. Atkinson, Francois Bourguignon
1st Edition
0444594299, 978-0444594297
