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Delia has a choice between $107,000 in 10 years or $40,000 today. a. Calculate the present value of $107,000, If long term rates are

Delia has a choice between $107,000 in 10 years or $40,000 today. a. Calculate the present value of $107,000, If long term rates are 8 percent? Round the final answer to the nearest whole dollar.). Show all calculations. b. What should be her choice?

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