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Delia has a choice between $120,000 in 10 years or $54,000 today. Use Appendix B. a. Calculate the present value of $120,000, If long term

Delia has a choice between $120,000 in 10 years or $54,000 today. Use Appendix B.

a. Calculate the present value of $120,000, If long term rates are 9 percent?

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