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If the annual interest rate is 12 percent, what is the two-year discount factor? Question 14 options: 1.2544 0.8065 0.8929 0.7972

If the annual interest rate is 12 percent, what is the two-year discount factor?

Question 14 options:

	1.2544
	0.8065
	0.8929
	0.7972

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