1. You can decide to invest it and increase its value or keep it as is. But...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. You can decide to invest it and increase its value or keep it as is. But what about the uncertainty of two in the bush? The two in the bush are not yours as yet, and we can only speculate about the possibility of their value. How would you explain the "two in the bush" concept?
2. if you asked to find both the FV and PV of $1500, what number(s) would you use to calculate both?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date: