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Assuming an 8% discount rate, the present value of a 10,000 payment received in five years time is a. $10,000 b. 6,768 c. 6,806 d.

Assuming an 8% discount rate, the present value of a 10,000 payment received in five years time is

a. $10,000

b. 6,768

c. 6,806

d. 3,194

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