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What rate of return results in a present value of $432 for $250 received one year from now and another $250 received two years from

What rate of return results in a present value of $432 for $250 received one year from now and another $250 received two years from now?

A) 9.89% B) 10.32%

C) 10.94% D) 11.37% Answer: C

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