Expecting to sell your investment
Problem: You invest $1,000 today and expect to sell your investment for $2,000 in 10 years.
1) Is this a good deal if the discount rate is 6%?
2) What if the discount rate is 10%?
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Explain your Answerin two or three paragraphs , using relevan examples and clear argumentation to inidicate why you feel one way or the other.
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You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. 1) Is this a good deal if the discount rate is 6%?
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