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A. What is the present value of an asset that commences paying cash flows of $5 million in two years time for five years, when
A. What is the present value of an asset that commences paying cash flows of $5 million in two years time for five years, when the interest rate is 12%?
A. $14,895,206 B. $15,406,102 C. $16,092,751 D. $17,069,203
B) What is the Present Value of an asset that commences paying cash flows of $10,000 in four years' time for ten years, when the interest rate is 7.00% APR compounded annually? A. $56,916 B. $57,206 C. $57,333 D. $58,206
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