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A business promises to pay the investor of $4,000 today for a payment of $1,000 in one year's time, $2,000 in two years' time and
A business promises to pay the investor of $4,000 today for a payment of $1,000 in one year's time, $2,000 in two years' time and $2,000 in three years' time. What is the present value of this business opportunity if the interest rate is 8% per year? O A. $274 OB. $114 O C. $228 OD. $365
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