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The five - year discount factor is 0 . 7 2 9 9 . a . What is the present value of $ 1 to

The five-year discount factor is 0.7299.
a. What is the present value of $1 to be received in five years?
b. What is the present value of $2,000 to be received in five years?
(Hint: You can answer part b without answering part c first.)
c. What is the discount rate?

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