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Monica wants to sell her share of an investment to Barney for $53,000 in three years. If money is worth 6% compounded semiannually, what would
Monica wants to sell her share of an investment to Barney for $53,000 in three years. If money is worth 6% compounded semiannually, what would Monica accept today? (FV of $1. PV of $1. EVA of $1. and PVA of $1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $9,540 $43.460 $44386 $44.500
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