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sergiy2304 [10]
3 years ago
6

Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash fl

ows you would like to receive: Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1400 gift each year for the next 10 years. The first $1400 would be received 1 year from today. Option C: Receive a one-time gift of $17,000 10 years from today. Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Business
1 answer:
Finger [1]3 years ago
3 0

Answer:

The best option is Option A.

Explanation:

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Instead of living in a service economy, we now live in a(n) ________ economy.
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Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require founders to give up large ownershi
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