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Business, 05.07.2021 19:50 lizdeleon248

You are selling an asset. you can earn an interest rate of 7% per yer on your savings. You receive the following two (risk less) offers: Offer 1: receive $400,000 today
Offer 2: Receive $500,000 in 4 years

a. Which offer should you choose?
b. At what interest rate would you be indifferent between the two offers?

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