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There is an investment for sale with a value of 50,000 dinars, the investment for 8 years will achieve an annual return of 10,000 dinars,
- There is an investment for sale with a value of 50,000 dinars, the investment for 8 years will achieve an annual return of 10,000 dinars, and the return will grow annually at a rate of 4%, if you know that the discount rate is 10%, the present value of the investment is:
a. 90387 b. 27658 c. 250000 d. 1250000
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
