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QUESTION 6 A father wants to gift his daughter a present for her marriage, he offers her three options: Option A: $55,000 today Option B:

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QUESTION 6 A father wants to gift his daughter a present for her marriage, he offers her three options: Option A: $55,000 today Option B: $8,000 every year for 10 years Option C: $90,000 in 10 years Assuming a discount rate of 7%, calculate the present value of each option (give an answer for each) and decide what option is best for the daughter

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