Question
Your scholarship pays you 3,000BD at the end of every year. It lasts for 7 years Your required return is 8%. The government offers you
Your scholarship pays you 3,000BD at the end of every year. It lasts for 7 years Your required return is 8%. The government offers you a lump sum of 13,000 now in exchange for your yearly scholarship. Should you take their offer?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
