Question: You get the following offer from a friend: He will give you $2,000 at the end of each year for the next six years if
You get the following offer from a friend: He will give you $2,000 at the end of each year for the next six years if you agree to pay him back $2,000 at the end of each of the following nine years. Should you accept this offer if your opportunity cost of funds is 10%? Why?
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