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tommy john is going to receive $1,000,000 in three years. the current market rate of interest is 10%. using the present value of $1 table

tommy john is going to receive $1,000,000 in three years. the current market rate of interest is 10%. using the present value of $1 table in exhibit 4, determine the present value of this amount compounded annually. (the value of the dollar in the table is 0.75131)

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