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Suppose you have $1000 today and the risk-free rate of interest (rf) is 3%. The equivalent value in one year is closest to: $1000.00 today.

Suppose you have $1000 today and the risk-free rate of interest (rf) is 3%. The equivalent value in one year is closest to:

$1000.00 today.

$965.00 today.

$1030.00 today.

$966.18 today.

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