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Business, 26.11.2019 03:31 ekvitin337
Ă‚suppose you have a choice between receiving a lump-sum payment of $10,000 today or four annual payments of $2,750 (with the first payment today).
of the following, which is the highest annual interest rate at which you would prefer the four annual payments over the lump-sum payment?
a. 2%b. 5%c. â7%d. 10%
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Answers: 2
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Ă‚suppose you have a choice between receiving a lump-sum payment of $10,000 today or four annual paym...
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