1. Would you rather receive: $15,000 in three years, $1,000 per year for 20 years or $2000...

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1. Would you rather receive: $15,000 in three years, $1,000 per year for 20 years or $2000 per year for 15 years if the discount rate is 20%?

2. Why?

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-1259024962

6th Canadian edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim

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Posted Date: May 20, 2019 01:25 AM

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1. Would you rather receive: $15,000 in three years, $1,000 per year for 20 years or $2000...

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Discount Rate 20 Option 1 15000 in 3 years Present Value 150001203 Present Value 868056 Option 2 ... View the full answer

Fundamentals of Corporate Finance

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