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Fatima Company will receive $500,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $500,000 receipt is a. $974,360
Fatima Company will receive $500,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $500,000 receipt is a. $974,360 O b. $256,579. Oc. $755,000 O d. $255,000
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