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The current discount rate is equal to 10%. You are promised $1,000 in 4 years. What is the present value of this cash flow? $391.11
The current discount rate is equal to 10%. You are promised $1,000 in 4 years. What is the present value of this cash flow? $391.11 $823.22 $683.01 $718.88 Correct answer is not available Step by Step Solution
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Fundamentals Of Corporate Finance
Authors: Berk, Peter DeMarzo, Jarrad Harford
3rd Global Edition
1292018402, 9781292018409
