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A project you are considering is expected to provide benefits worth $225,000 in one year. If the risk-free rate of interest (r) is 8%, then

A project you are considering is expected to provide benefits worth $225,000 in one year. If the risk-free rate of interest (r) is 8%, then the value of the benefits of this project today are closest to:

a) $190,333

b) $208,333

c) $225,000

d) $243,000

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