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Hansi is promised to receive $ 95 in 8 years. Hansi, being profligate, prefers to spend this promised amount of money today. What is the
Hansi is promised to receive $95 in 8 years. Hansi, being profligate, prefers to spend this promised amount of money today. What is the equivalent present value of the settlement if the interest rate is 2.50%?
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