Question
You have the following choices Choice number 1: $5 million today, $5 million per year for...
You have the following choices
Choice number 1: $5 million today, $5 million per year for 19 years (years 1--19), $10 million per year for nineteen years (years 20--38), and $710 million in year 39.
Choice number 2: $250 million today.
What would u choose if r= 4.5%
Homework Answers
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