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Sunland Company will receive $397000 in 7 years. If the appropriate interest rate is 10%, the present value of the $397000 receipt is $773642. $599470.
Sunland Company will receive $397000 in 7 years. If the appropriate interest rate is 10%, the present value of the $397000 receipt is
| $773642. |
| $599470. |
| $202470. |
| $203725. |
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