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estion 5 Given 5% annual interest rate, which of the following statements is correct? A lump sum amount of $1,000 you expect to receive 5

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estion 5 Given 5% annual interest rate, which of the following statements is correct? A lump sum amount of $1,000 you expect to receive 5 years from now is less valuable than a $1,000 you receive today immediately A lump sum amount of $1,000 you expect to receive 5 years from now is more valuable than a $1,000 you receive today immediately A lump sum amount of $1,000 you expect to receive 5 years from now has exactly the same value to a $1,000 you receive today immediately None is correct

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