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Your truck has a market value of $58,600. You can sell it to your brother, who agreed to buy it now and pay $75,800 three
Your truck has a market value of $58,600. You can sell it to your brother, who agreed to buy it now and pay $75,800 three years from now, or you can sell it to your cousin who agreed to pay you $65,700 at the end of the year. To whom should you sell the truck if your cost of capital is 8 percent? (Round answers to 2 decimal places, e.g. 25.25.) Cash inflow, brother $ Cash inflow, cousin $ You should sell the truck to your
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