You were offered two choice of prizes that is whether to accept RM80,000 today or RM15,000 at

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Question:

You were offered two choice of prizes that is whether to accept RM80,000 today or

RM15,000 at the end of each year for 5 consecutive years. If the cash flow is

discounted at a yearly rate of 12% and compounded twice a year, which prize would

you choose?

Posted Date: May 18, 2024 01:16 PM

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You were offered two choice of prizes that is whether to accept RM80,000 today or RM15,000 at

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