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23. Which of the following investment options is most valuable? a. receiving $10,000 today b. receiving $1,000 per year for 10 years with the first
23. Which of the following investment options is most valuable?
a. receiving $10,000 today
b. receiving $1,000 per year for 10 years with the first payment made today
c. receiving $2,000 per year for five years beginning next year
d. receiving $5,000 today and $5,000 next year
e. Without an interest rate there is not enough information to tell.
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