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Business, 02.07.2019 06:10 edjiejwi

Suppose carlos has a 60 percent chance of not collecting $100,000 when his rich uncle dies in 10 years. juanita wants to buy the rights to this possible inheritance from carlos. how much is the possible inheritance currently worth to carlos? assume the interest rate is 9 percent.

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Suppose carlos has a 60 percent chance of not collecting $100,000 when his rich uncle dies in 10 yea...
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