Question: Five investments all have the same value today (the present value is the same for each). Which of the following will generate the highest return?
Five investments all have the same value today (the present value is the same for each). Which of the following will generate the highest return?
a.$10,000 given 10 years from today
b.$5,000given 5 years from today and $5,000 given 10 years from today
c.$1,000 given each year from t=1 to t=5 and $5,000 given 10 years from today
d.$1,000 given each year from t=1 to t=10
e.$1,000 given each year from t=1 to t=5 and $5,000 given at t=6
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