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If the rate of interest ( r ) is 7%, then you should be indifferent about receiving $750 today or ________ in one year A.
If the rate of interest (r) is 7%, then you should be indifferent about receiving $750 today or ________ in one year
A. $700.93 in one year
B. $802.5 in one year
C. $750 in one year
D. None of the above
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
