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garik1379 [7]
3 years ago
11

You have a contract that entitles you to receive $1 million 20 years from now. But can't wait and want your money now. You want

to sell your contract. What is a fair price for it? Assume the risk free, inflation adjusted interest rate is 3% per year, compounded continuously.
Social Studies
1 answer:
zavuch27 [327]3 years ago
4 0
The answer was hard to find
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