You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. a. Is

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You invest $1,000 today and expect to sell your investment for $2,000 in 10 years.
a. Is this a good deal if the interest rate is 6%?
b. What if the interest rate is 10%?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 30, 2016 09:11 AM

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You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. a. Is

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a The present value of the future payoff is 2000 106 ...View the full answer

Fundamentals of Corporate Finance

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