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If you are indifferent between receiving $100 today and receiving $120 four years later, your required annual rate of return must be close to: 20.13
If you are indifferent between receiving $100 today and receiving $120 four years later, your required annual rate of return must be close to:
20.13 percent. | ||
6.26 percent. | ||
4.66 percent. | ||
12.72 percent. |
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