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Consider the following alternatives: i . $ 1 3 0 received in one year ii . $ 2 0 0 received in 5 years iii.
Consider the following alternatives:
i $ received in one year
ii $ received in years
iii. $ received in years
a Rank the alternatives from most valuable to least valuable if the interest rate is per year.
b What is your ranking if the interest rate is only per year?
c What is your ranking if the interest rate is per year?
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