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If the annual interest rate is 0 percent, the present value of receiving $1.10 in the next year is Multiple Choice $1.00. $1.10. $1.01. $1.11.

If the annual interest rate is 0 percent, the present value of receiving $1.10 in the next year is

Multiple Choice

  • $1.00.
  • $1.10.
  • $1.01.
  • $1.11.

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