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Lisa has been offered an injury settlement of $25,000 payable in two years from today (Hint: she will get $25,000 two years from today). She

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Lisa has been offered an injury settlement of $25,000 payable in two years from today (Hint: she will get $25,000 two years from today). She wants to know what is the present value of the injury settlement if her opportunity cost is 8% per year. (The opportunity cost is the discount rate in this problem.)

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