Question: Chapter 3 - Assignment 1. What makes an investment decision a good one? 2. How important are our personal preferences in valuing an investment decision?

Chapter 3 - Assignment

1. What makes an investment decision a good one?

2. How important are our personal preferences in valuing an investment decision?

3. Is the value today of money to be received in one year higher when interest rates are high or when interest rates are low?

4. What do you need to know to compute a cash flow's present or future value?

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