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What is the present value of an investment that yields $1000 to be received in 7 years and another $1000 to be received in 10
What is the present value of an investment that yields $1000 to be received in 7 years and another $1000 to be received in 10 ywars if the discount rate is 6%. Assume an interest rate of 6% A. between $900 and $980 B. between $12,00 and $1250 C. exactly $1000 D. Over $1290
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