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What is the present value of an investment that yields $3,000 to be received in 5 years and another $1,000 to be received in the sixth year if the discount rate is 6%?
a. Exactly $1,000 b. A little over $5400 dollars c. between $2,800 and $3000 d. between $1900 and $1980 dollars
Sagot :
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