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Question 12 11 pts Doris's Fashions has just signed a contract. The contract calls for a payment of $600,000 one year from today, $800,000 two
Question 12 11 pts Doris's Fashions has just signed a contract. The contract calls for a payment of $600,000 one year from today, $800,000 two years from today, and $800,000 three years from today. What is this contract worth today if the firm can earn 8.2 percent on its money? O $2,108,001.32 +/- 0.01 O $1,869,417.16 +/- 0.01 $2,202,840.91 +/- 0.01 $2,022,709.37 +/- 0.01 $2,124,339.07 +/- 0.01
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