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QUESTION

A particular business deal allows you the choice of receiving $1,000 today or receiving $2,000 ten years from today.

A particular business deal allows you the choice of receiving $1,000 today or receiving $2,000 ten years from today. How would your choice change based on your ability to invest money at a very low rate of interest or a very high rate of interest?

A particular business deal allows you the choice of receiving $1,000 today or receiving $2,000 ten years fromtoday. How would your choice change based on your ability to invest money at a very low...
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