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Business, 02.09.2021 15:40 angoliabirtio

Derek has the opportunity to buy a money machine today. The money machine will pay Derek $32,772.00 exactly 18.00 years from today. Assuming that Derek believes the appropriate discount rate is 15.00%, how much is he willing to pay for this money machine?

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Derek has the opportunity to buy a money machine today. The money machine will pay Derek $32,772.00...
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