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Assume Rafael can earn a(n) 5 percent after-tax rate of return. Use Exhibit 3.3. Would he prefer $1,100 today or $1,650 in five years? O

Assume Rafael can earn a(n) 5 percent after-tax rate of return. Use Exhibit 3.3. Would he prefer $1,100 today or $1,650 in five years? O $1,100 today $1,650 in five years

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