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An investment will pay you $20,000 in 7 years. The appropriate discount rate is 9 percent compounded daily. What is the present value? Multiple Choice
| An investment will pay you $20,000 in 7 years. The appropriate discount rate is 9 percent compounded daily. What is the present value? |
Multiple Choice
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$10,652.66
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$10,972.24
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$11,185.30
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$10,120.03
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$10,940.68
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Business Analysis And Valuation Using Financial Statements
Authors: Krishna G Palepu, Paul M Healy
4th Edition
032430286X, 9780324302868
