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18. If the annual market rate of interest is 6%, an asset that promises to pay $1000 after each of the next two years has

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18. If the annual market rate of interest is 6%, an asset that promises to pay $1000 after each of the next two years has a present value of A) $890.00. B) $943.40. C) $1,833.39. D) $1,886.79. E) $2,000.00

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