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11. You have some properties for sale and have received two offers. The first offer is for $92,000 today in cash. The second offer is

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11. You have some properties for sale and have received two offers. The first offer is for $92,000 today in cash. The second offer is the payment of $35,500 today and an additional guaranteed $70,000 two years from today. If the applicable discount rate is 11.5 percent, which offer should you accept, and how much more is the present value of this offer than the other offer?? (4pt)

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