Question: 1) How does a changing interest rate affect the value of money over time? 2) In the Ginny's restaurant case, how do we leverage potential
1) How does a changing interest rate affect the value of money over time?
2) In the Ginny's restaurant case, how do we leverage potential future cash flows to attain funds today?
3) How would our decisions change in the Ginny's restaurant case based on our expectation of future interest rates? What would we do if we expect the Fed to continue to increase rates over the next year-- does it change our decisions?
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