Your brother has offered to give you either $5000 today or $10,000 in 10 years. If the

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Your brother has offered to give you either $5000 today or $10,000 in 10 years. If the interest rate is 7% per year, which option is preferable?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:20 AM

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Your brother has offered to give you either $5000 today or $10,000 in 10 years. If the

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Fundamentals of Corporate Finance

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