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16 What is the present value of $12,300 to be received 2 years from today if the discount rate is 6 percent? Multiple Choice

16 What is the present value of $12,300 to be received 2 years from today if the discount rate is 6 percent? Multiple Choice $10,545.27 $11,603.77 $9,720.87 $7,380.00 $10,946.96

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