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Consider the following three options: (1) receive a one-time payment $102 now, (2) receive a one-time benefit of $115 in 5 years (from now), (3)

Consider the following three options:

(1) receive a one-time payment $102 now,

(2) receive a one-time benefit of $115 in 5 years (from now),

(3) receive $2 every year forever. If the yearly discount rate is 2%,

which option would yield the most revenue? 1 or 2 or 3 or 1&3

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