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What is the present value of a $10,000 payment you will receive in one year, assuming a discount rate of 3.75%? a.) $9,294 b.) $9,625

What is the present value of a $10,000 payment you will receive in one year, assuming a discount rate of 3.75%?

a.)

$9,294

b.)

$9,625

c.)

$9,636

d.)

$9,832

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