Question: A $50,000,000 payment in 4 years at 18% has a present value of $25,790,000. Alternatively, what 4 year receipts would you be willing to accept?
A $50,000,000 payment in 4 years at 18% has a present value of $25,790,000. Alternatively, what 4 year receipts would you be willing to accept?
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