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Jane Smith was involved in an accident and has been awarded damages earlier today valued at €75,000, in the form of €15,

Posted: Tue Apr 26, 2022 10:47 am
by answerhappygod
Jane Smith was involved in an accident and has been awarded
damages earlier today valued at €75,000, in the form of €15,000
annual end of year payments for 5 years. Jane is in the market to
purchase property and wants her money now and has requested a
once-off payment instead of annual payments. Jane has been offered
a once off payment of €61,500. What rate of return is expected if
Jane accepts the once-off payment?