You have a contract that entitles you to receive 1 million, Financial Management

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You have a contract that entitles you to receive 1 million

You have a contract that entitles you to receive $1 million 20 years from now. But can't wait and want your money now. You want to sell your contract. What is a fair price for it? Assume the risk free, inflation adjusted interest rate is 3% per year, compounded continuously.

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Financial Management: You have a contract that entitles you to receive 1 million

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Financial Management: You have a contract that entitles you to receive 1 million

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