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If the market rate of interest is 10%, a rational person would just as soon receive $1,100 three years from now as what amount today
If the market rate of interest is 10%, a rational person would just as soon receive $1,100 three years from now as what amount today (round to the nearest dollar)? a. $ 783. b. $ 826. c. $1,000. d. $1,100. e. None of the above is correct
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