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Business, 18.01.2021 21:20 samueltaye

Derek has the opportunity to buy a money machine today. The money machine will pay Derek $37,630.00 exactly 14.00 years from today. Assuming that Derek believes the appropriate discount rate is 14.00%, how much is he willing to pay for this money machine

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Derek has the opportunity to buy a money machine today. The money machine will pay Derek $37,630.00...
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