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What is the present value of $12,300 to be received 2 years from today if the discount rate is 6 percent? a. $10,946.96 b. $7,380.00

What is the present value of $12,300 to be received 2 years from today if the discount rate is 6 percent?

a. $10,946.96

b. $7,380.00

c. $9,720.87

d. $10,545.27

e. $11,603.77

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