Social Studies, 07.10.2019 05:50 joshajgaa

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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You have a contract that entitles you to receive $1 million 20 years from now. but can't wait and wa...

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