Question
Your cousin has promised you a large sum of money. He has offered you the following THREE choices: Accept $120 000 today Accept $120 000
Your cousin has promised you a large sum of money. He has offered you the following THREE choices:
Accept $120 000 today
Accept $120 000 at the end of next year
Accept $40 000 at the end of every year for the next 3 years at 15% p.a.
Which would you select?
A No difference between the three options.
B Option (iii)
C Option (i)
D Option (ii)
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
