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7. You expect to receive a payment of $6500 one year from now. Answer the following questions and show your calculations: A. The discount rate

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7. You expect to receive a payment of $6500 one year from now. Answer the following questions and show your calculations: A. The discount rate is 5%. What is the present value of the payment to be received? B. Suppose that the discount rate rises to 7%. What is the present value of the payment to be received? C. What will cause the present value of a future payment to decline

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