Question: Exercise If the interest rate is 5% which is the most valuable? a. 1,000,000 yen now. D. 1,300,000 at the end of ve years. c.

Exercise If the interest rate is 5% which is the
Exercise If the interest rate is 5% which is the most valuable? a. 1,000,000 yen now. D. 1,300,000 at the end of ve years. c. 48,000 a year forever. (starting one year from now) d. 135,000 for each of 10 years. (starting one period from now) e. 36.000 next year and increasing thereafter by 1% a year forever

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