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QUESTION
Consider the following scenarios: A lump sum of $ 4,000,000 today A lump sum of $ 5,000,000 in 10 years A lump sum of $ 500,000 over the next 10...
. Consider the following scenarios:
- A lump sum of $ 4,000,000 today
- A lump sum of $ 5,000,000 in 10 years
- A lump sum of $ 500,000 over the next 10 years.
If the appropriate interest rate is 2.00 percent , which option should you choose?
