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2.) What is the present value of $100 due in two years if the discount rate is 5%, 8%, 10%, 15%, 20%, and 25%? Please
2.) What is the present value of $100 due in two years if the discount rate is 5%, 8%, 10%, 15%, 20%, and 25%? Please show steps not in excel.
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Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
12th edition
134733821, 134733827, 9780134734507 , 978-0134733821
