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The present value of $100 expected in two years from today at a discount rate of 6% is: a. $100.00 b. $89.00 c. $112.36 d.
The present value of $100 expected in two years from today at a discount rate of 6% is:
a. $100.00
b. $89.00
c. $112.36
d. $116.64
e.$108.00
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