A company’s asset is worth 20 now, and will be worth 16 (in the bad state) or 24 (in the good state) with equal probabilities tomorrow. The riskfree interest rate is 10%. The company lives for only one period. It promises to repay 18 to the debtholders next period.
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You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
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By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more