
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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An investment will generate $10,000 a year for 25 years. If you can earn 10
percent on your funds and the investment costs $100,000, should you buy it? Would your answer be different if you could earn only 7 percent?
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