15.14 Assuming a constant discount rate of 14%, the present value of 85 000 receivable at the...
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15.14 Assuming a constant discount rate of 14%, the present value of £85 000 receivable at the end of year 4 is (to the nearest £):
a) £50 320
b) £47 600
c) £49 045
d) £73 100.
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