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Iris will receive $ 1 . 0 5 million in 2 5 years. The discount rate is 1 4 % . As an alternative, she
Iris will receive $ million in years. The discount rate is As an alternative, she can receive $ today. Which should she choose?
Multiple Choice
she should be indifferent.
need more information.
the $ million dollars in years.
$ today.
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