Suppose you are expecting to receive $600,000 in damages today. Further, imagine that you should have received
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Suppose you are expecting to receive $600,000 in damages today. Further, imagine that you should have received the money in ten years (your work life expectancy).
How much money should a court award you today if the discount rate in your state is 8 percent? Is the discount rate fair? Why?
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Related Book For
Economic Analysis And Law The Economics Of The Courtroom
ISBN: 247146
1st Edition
Authors: Christopher E.S. Warburton
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