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If the interest rate is 4% compounded quarterly, which one of the following has a higher present value today? A: You will recelve $200 for

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If the interest rate is 4% compounded quarterly, which one of the following has a higher present value today? A: You will recelve $200 for eight quarters starting from the end of the first quarter. B: You will receive $195 for eight quarters starting from the beginning of the first quarter. A B

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