Multiple Choice
Should you prefer to receive $100,000 right now or $10,000 at the end of each of the next 12 years?
A) $100,000 now.
B) $10,000 at the end of each of the next 12 years.
C) The answer depends on the time value of money.
D) Either alternative is equally valuable.
Correct Answer:
Verified
Correct Answer:
Verified
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