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What is the present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on

What is the present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on sums invested? Answers are given to the nearest $'000.

A) 692K

B) 391K

C) 473K

D) 432K

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