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The present value of $1,000 to be received in 8 years is ________ if the discount rate is 1.78%. A. $942 B. $1152 C. $858

The present value of $1,000 to be received in 8 years is ________ if the discount rate is 1.78%.

A. $942
B. $1152
C. $858
D. $868
E. $1142

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