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If the cost of capital is 9%, what is the value of a future cashflow of $1000 that you will receive by the end of
If the cost of capital is 9%, what is the value of a future cashflow of $1000 that you will receive by the end of the 9th year from now? (choose the most accurate answer)
A. $380
B. $460
C. $599
D. $780
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