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Present value (with changing interest rates). Marty has been offered an injury settlement of $9,000 payable in 3 years. He wants to know what the
Present value (with changing interest rates). Marty has been offered an injury settlement of $9,000 payable in 3 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 5%. (The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 6.5% ? What if it is 10.5%
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