Question
Your client would like to have $15,000 in 15 years time for a luxury holiday with her husband to celebrate their silver anniversary (25th wedding
Your client would like to have $15,000 in 15 years time for a luxury holiday with her husband to celebrate their silver anniversary (25th wedding anniversary). If she has an opportunity cost of 10% per annum, compounded semi-annually, how much does she need to invest each year to have $15,000 accumulated in 15 years?
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
