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32. You are an engineering consultant. A potential client offers to pay you a retainer of $10,000 today to engage you for a project which

32. You are an engineering consultant. A potential client offers to pay you a retainer of $10,000 today to engage you for a project which will pay you $10,000 at the end of the first year and $20,000 at the end of the second year. What is the present value of this business opportunity at a discount rate of 9%? A $29.185 B. $30,398 C. $32 234 D. $36,008

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