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23 Interest rate (%) 5 10 20. You expect the following annual interest (discount) rates: Year (interest rate from 1-0 to -1) (interest rate
23 Interest rate (%) 5 10 20. You expect the following annual interest (discount) rates: Year (interest rate from 1-0 to -1) (interest rate from 1-1 to 1-2) 7 4 8 5 (interest rate from 4 to 1-5) 6 An investment offers to pay you $3,000 two years from today (at 1-2) and $5,000 five years from today (at 1-5). What is the most you should pay for this investment today (at 1-0)? Assume compound Interest. a. $6089.37 b. $6131.47 c. $6252.34 d. $6298.32 c. $6308.72
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