Describe the concept of indifference
Question: With respect to future cash flows;
[A] Describe the concept of indifference.
[B] If you knew that you could have $1000 today or $1100 a year from now, what would you want to know?
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Describe the concept of indifference. If you knew that you could have $1000 today or $1100 a year from now, what would you want to know?
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