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lii P3-6 (similar to) Suppose the risk-free interest rate is 4.7% a. Having S300 today is equivalent to having what amount in one year? b.

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lii P3-6 (similar to) Suppose the risk-free interest rate is 4.7% a. Having S300 today is equivalent to having what amount in one year? b. Having $300 in one year is equivalent to having what amount today? c. Which would you prefer, 5300 today or $300 in one year? Does your answer depend on when you need the money? Why or why not? a. Having S300 today is equivalent to having what amount in one year? Having $300 today is equivalent to having $ in one year. (Round to the nearest cent)

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