Suppose you were selling your home. A buyer has offered to pay you $115,000 now and another

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Suppose you were selling your home. A buyer has offered to pay you $115,000 now and another $85,000 in 2 years. What is the value today of the payment received in 2 years, given your required rate of return is 7 percent?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Feb 15, 2018 07:36 AM

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Suppose you were selling your home. A buyer has offered to pay you $115,000 now and another

Question:

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Year Cash flow PVF7 Present value 0 1150...View the full answer

Microeconomics

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