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If Terry graduates from college in 3 years from now, he will receive a $10,000 cash gift from his father. Suppose Terry requires an annual

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If Terry graduates from college in 3 years from now, he will receive a $10,000 cash gift from his father. Suppose Terry requires an annual return of 10%, the present value of the cash gift for him is A) $7,513.15 B) $8,396.19 C) $9,505.12 D) $8,000.97

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