Suppose the interest rate is 7%. Which is worth more, $10,000 today, or $18,000 seven years from

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Suppose the interest rate is 7%. Which is worth more, $10,000 today, or $18,000 seven years from now? Which would you prefer if your discount rate was zero? What if it was infinite?

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

Posted Date: Dec 04, 2020 06:05 AM

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Suppose the interest rate is 7%. Which is worth more, $10,000 today, or $18,000 seven years from

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Today 10000 After 7 years 18000 interest rates 7 Present v... View the full answer

Fundamentals of Corporate Finance

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