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Sharon Smith will receive $1.13 million in 30 years. Thediscount rate is 17%. As an alternative, she can receive $10,170today. Which should she choose? Use
Sharon Smith will receive $1.13 million in 30 years. Thediscount rate is 17%. As an alternative, she can receive $10,170today. Which should she choose? Use Appendix B to calculate theanswer. 2 answers
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