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Sharon Smith will receive $1.09 million in 40 years. The discount rate is 11%. As an alternative, she can receive $16,350 today. Which should she

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Sharon Smith will receive $1.09 million in 40 years. The discount rate is 11%. As an alternative, she can receive $16,350 today. Which should she choose? Use Appendix B to calculate the answer. Multiple Choice need more information. the $1.09 million dollars in 40 years, she should be indifferent. $16,350 today

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