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Swifty Corporation will receive $405000 in 7 years. If the appropriate interest rate is 12%, the present value of the $405000 receipt is $182250. $183202.

Swifty Corporation will receive $405000 in 7 years. If the appropriate interest rate is 12%, the present value of the $405000 receipt is

$182250.

$183202.

$587250.

$895325.

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