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If Joel earns a 6 percent after-tax rate of return, $26,000 received in two years is worth how much today? Use Exhibit 3.1. (Round discount

If Joel earns a 6 percent after-tax rate of return, $26,000 received in two years is worth how much today? Use Exhibit 3.1. (Round discount factor(s) to three decimal places.) Multiple Choice $26,000 $24,530 O $23,140 $27,560

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